SOL’s price action generally tracks the mainstream. After the overnight move upward was blocked around the 86 area, it has temporarily stalled and is currently consolidating in a high-range area.

From the four-hour structure, after the earlier period bottomed out around 76, the bulls led the market higher throughout; although there were pullbacks during the process, they were quickly reclaimed each time, and the overall strong pattern remains unchanged. However, since the current price is already in a stage high, the momentum for further pushing upward has somewhat weakened.
It’s not recommended to chase longs during the day; it would be more prudent to first wait for a technical pullback.
For execution, pay attention to laying out short positions in batches within the 86-87 range, and watch the support area at 82-80 below. If the price pulls back to the target zone but does not show a continued breakdown, you can consider a counter-trade and go long accordingly.
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