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April 7th SOL Analysis: Yesterday, $SOL reached the 83.2 short position mentioned on April 2nd. Currently, we're testing the trendline on the hourly chart. If it breaks further down, pay attention to the support at 77.8 to see if there's a rebound. Above, the resistance at 81.65 cannot effectively suppress the pullback, so focus on the resistance at 83.6. If you want to continue shorting, just monitor these two levels.
Recently, Solana's market has been relatively weak. If today's trendline fails to hold, then watch the 77.8 level. If the rebound from 77.8 doesn't hold and the trendline is broken, further decline is likely. The market's sluggishness will take some time to resolve. #Gate广场四月发帖挑战