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📅 Market Analysis for April 13 (Current Price: 81.98)

1. Daily Chart Level: Weakening Trend, Entering Consolidation and Correction Phase

From the daily chart:

• Previous high 97.6 confirmed as the phase top
• Followed by continuous pullbacks, lowest reaching 76.6
• Current price rebounding to around 82 with sideways fluctuation

Technically: 👉 MA7 has crossed below MA30 (short-term weakening) 👉 Currently under moving average resistance 👉 Rebound strength is relatively weak, indicating a correction after a decline

📌 Key conclusion (Daily):

The major trend has entered a “sideways consolidation after a decline,” not yet confirmed as a reversal

2. Four-Hour Level: Converging Range of Volatility

Four-hour structure is clearer:

• Upper resistance: 85 - 87 range
• Lower support: 80 - 81 range
• Candlestick pattern: Repeatedly rising and falling + decreasing volume sideways

Moving average status: 👉 MA7 and MA30 are close together 👉 Price repeatedly pulls near the moving averages

This indicates: 👉 The bulls and bears are temporarily balanced 👉 The market is waiting for a direction choice

📌 Key conclusion (4H):

Currently in a “compression phase before a trend change”

3. One-Hour Level: Short-term Weak Rebound, Insufficient Momentum

One-hour chart shows:

• After decline, forming a short-term bottom around 81
• A rebound occurred but did not break previous highs
• Now back to around 82 with sideways fluctuation

Detailed signals: 👉 Rebound candlestick bodies are gradually shrinking 👉 High points are gradually decreasing (weak structure)

📌 Key conclusion (1H):

The rebound is weak, more like “technical correction,” not a trend reversal

4. Summary of Key Levels (Very Important)

👉 Strong resistance above:

• 84.5 - 87 range (multiple rejections)

👉 Key support below:

• 80 - 81 (short-term defense level)
• 76 (previous low, a break below will accelerate decline)

5. Today’s Trading Strategy (Focus)

Strategy 1: Range Trading (Main Approach)

• Lightly go long near 81 (short-term)
• Take partial profits or short near 84-85

👉 Suitable for sideways market

Strategy 2: Breakout Follow-up (Advanced)

👉 If breaking above 85:

• Consider chasing longs
• Target: 87-90

👉 If breaking below 80:

• Follow the trend and short
• Target: around 76

6. Core Viewpoint (Must Read)

The essence of SOL currently is: 👉 Consolidation within a downtrend correction

The market is doing one thing: 👉 Accumulating momentum for the next directional move