SOL weakly fluctuates, with a lack of rebound strength. Moving averages weaken and form resistance. Bullish momentum diminishes, and the technical outlook is bearish. Selling pressure continues in the market, with obvious resistance above. The sideways consolidation is essentially a buildup for a decline, and a breakout is unlikely, making a further decline likely.



Trading suggestion: Light short positions around 88.50-89.20, with a stop loss above 91. Target 87.50-85, and if broken, expect even lower levels.
SOL-2,23%
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