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3-5 SOL Analysis
Within the 4-hour cycle, SOL repeatedly oscillates and faces resistance within the range. Multiple bullish attempts to break through the key resistance have failed to succeed. Trading volume continues to shrink, indicating weak buying interest and insufficient bullish momentum. The current price is under pressure from short-term moving averages, and the consolidation platform has shifted into a strong resistance zone. The bears are gradually gaining control, and the downside potential may open up.
Trading suggestion: Gradually short around 90–92
Target: Around 78–80