Feb.23-Mar.1SOL(1d)

2022年3月1日

The price did not decline thoroughly to the strong support level last week. The bullish power s started to strengthen around the previous low. It fell back after hitting the resistance level and was eventually carried by the market. At this time, SOL exited the bearish channel. As the weakest of the three during this period, it is hard to attack the next resistance directly.
Conclusion: Mostly fluctuation, and there is a certain possibility of falling. We believe that the long side for SOL isn’t sustainable. The rebound in the past month has struggled to reach the given support level, and it is likely to be the same as before this time. We raised the support level to the previous low(81) and the resistance level to 105.



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