According to the external analysis, Solana has recently been constricting in the vicinity of $70, and the short line is approaching the orientation selection range. According to the article, if the price is back on US$ 70 to 71, the above or the opportunity to continue testing is US$ 75; if the US$ 68 falls, the short-line rhythm may be weaker.
Price narrow to triangle
It is mentioned that in terms of a four-hour movement, SOL is currently operating in a narrow triangle structure. The support below is roughly in the vicinity of US$ 68.8, and the resistance above is in the line of US$ 72.2 and the price is condensed within the narrower zone.
Such trends usually mean a decrease in the rate of volatility and may be followed by clearer directional choices. However, the article also states that the current overall drive is still not strong and that the ability of SOL to achieve an upward breakthrough will depend on the effective recovery of critical resistance.
63 to 65 dollars were connected.
Citing the cumulative trade-off margin indicator, the article states that between $63 and $65 previously there had been a more visible buy-in, suggesting that the voltage earlier in the month had been absorbed. This is seen as a signal that demand is still under way, and it also allows SOL to preserve the entire structure after the previous rebound.
At the same time, the top pressure has not disappeared. The main resistance listed included US$ 70.7, US$ 72.2 and between US$ 74 and US$ 75. This means that even if the price continues to rise, it may be a phased move, rather than a one-time rapid pull-up.
Short-line focus on $70 and $68.
According to the article, random RSI is rising from a weak area, indicating that short-line downward pressure may slow down. If the price continues to hold back while the kinetic energy increases, the probability that SOL will advance to a higher resistance position increases.
- Up through observation area: US$ 70 to US$ 71
- Main support areas: US$ 68 to US$ 68.8
- Target position above: $75
Overall, the media believe that SOL is close to the short-line point, but the direction has not yet been fully confirmed. The current trend can still be seen as a consolidation phase, pending a repositioning of $70 above, and the market is still waiting for a clearer signal of breakthrough.
