SOL is showing a weak trend, currently around 127, with a 24-hour decline of over 5%, breaking below the key support level of 130.



From a technical perspective, the situation is indeed not very optimistic. The price is trading below all major moving averages, and the MACD indicator continues to expand below the zero line, indicating sufficient downward momentum. Although a technical rebound may occur in the short term, as long as there are no signs of a main trend reversal, the overall outlook remains bearish.

It is highly likely that the market will continue to fluctuate weakly within the next 24 hours.

**Trading Strategy:**
Consider short positions when the price rebounds to the 129-132 range, with the first target around 124-120. Remember to set proper stop-loss orders to protect against downside risk and avoid greed.

Mainstream coins like XRP, BNB, and others are also worth continuously monitoring for market movements.
SOL1,26%
XRP1,82%
BNB0,9%
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