After a sharp fall in June, SOL rebounded to the vicinity of $84 but was unable to continue the increase. According to the external analysis, the price is still narrow within the symmetric triangle, and the multiple sides have not yet developed a clear advantage and the short-line movement is close to the orientation point.

Price approaching the end of the triangle

From the solar-line structure, the trend line above continues to move down, the support line below rises, and the range of fluctuations is significantly reduced. The most recent price of SOL is about US$ 75.5 and is near the end of the triangle, which usually means that the market may be more volatile.

This pattern does not in itself indicate direction, but indicates that the balance after the previous sale has not been broken. The current buyout has not yet been sustained, and there has been a reduction in the pressure of the sale of the plate over the June period.

MACD is positive but RSI is still neutral

The article mentions that the MACD has recently been slightly in the right direction, and that the column chart has returned to the top of the zero axis, indicating a decrease in the downward pressure and an improvement in short-line kinetic energy over the previous period. At the same time, RSI is about 51, slightly above the neutral line.

This means that market sentiment has recovered from vulnerable areas, but it is not yet sufficient to confirm that a new upward trend has developed. As a result, it is now closer to the consolidation phase than to a clear breakthrough.

78.70 and $74.96 are key.

In case of price breakthroughs, the priority given by the media is in the order of 78.70, 83.85 and 88.41. Of this amount, $78.70 represents the first resistance position in the short line and, if it continues to stand steady, it is possible to further open up the repair space.

If prices were to weaken, the following would require attention: 74.96 dollars, 67.71 dollars and 59.76 dollars. According to the article, in the event of a loss of 74.96 dollars, SOL may again face deeper adjustment pressure.