8/25/Community: SOL/Can the 123 Turnaround on the Right Side Be Established; Tonight!
Live room sharing various mainstream technical indicators application methods, as well as technical analysis of the day;


[SOL/Day Chart]

SOL Day Chart: Yesterday, SOL was resisted at 22.1 and began to fall as expected; it is currently testing the relatively important first support area of 20.2-20; whether it can be supported needs to be observed in today's trend performance; effectively breaking the support will test near 19 on the downside; on the contrary, if it is supported to break through 22.1, then the next bullish target can be expected to be 25.5
[SOL 2/1-hour Chart]


SOL 2/1-hour: In the short-term technical trend, it was resisted at the 22.1 resistance area and fell back; at the 50% area of the Fibonacci segment, there was a double needle bottoming pattern in the 2-hour chart; in the 1-hour chart, there was a stop-fall bullish piercing pattern at noon; there are signs of a rebound after the pullback; this support area is relatively important, once the rebound starts, the probability of a 123 bullish turnaround will greatly increase; the first target can be seen at 22-22.1; after breaking through, it can be seen near 23; conservative partners can track a 2-hour period with a single mid-positive line breaking through 21 to enter the long position; defense is placed below 61.8% [20.3]; more details are welcome to enter the live room!

Recommended Approach [Long]
Support 20.9-20.6/Resistance 22-22.3
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