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11.20$SOL market analysis
SOL previously plunged sharply, breaking through the previous support level. Although there are slight signs of stopping the decline in the low-level fluctuations, the downtrend remains unchanged. The price has broken below the lower band of the Bollinger Bands, and the J value of the KDJ indicator is deeply oversold, indicating a possible technical rebound in the short term; however, the MACD has formed a death cross and the histogram is expanding, indicating that the downward momentum remains strong. The support level is around 131, and if broken, it may test 129; the resistance level is around 137, and a rebound to this level may encounter pressure.
Operational suggestion, 130-132 Duo
Target range, 136-140$SOL