Recently, the price movement of SOL crypto assets has attracted widespread attention in the market. Analyzing the short-term 1-hour chart, the SOL price is nearing its recent high, but the pressure area above is particularly obvious. Looking back at historical movements, this key position has repeatedly acted as a "ceiling" hindering the price rise. If this attempt fails to successfully break through this resistance, SOL may face strong downward pressure, and the risk of a price pullback will significantly increase.



What investors should be more vigilant about is that during the recent price pump, the trading volume did not show a synchronized increase, and this phenomenon of divergence between volume and price is worth following. This sign may suggest that market participants lack the willingness to chase higher prices, and the rise momentum may be nearing its peak. If in future market developments SOL cannot hold the key support level, the pressure of price correction may quickly become apparent.

For investors following the SOL price movement, the current market situation requires high vigilance. If the price rebounds to the 219-222 range, it may face significant resistance. If it cannot break through, it might test the support area around 205-200, and in extreme cases, it could even drop to around 195.

In this complex market environment, investors should closely follow the price movement and changes in trading volume, manage risks effectively, and view market fluctuations rationally. At the same time, attention should also be paid to the overall trends in the Crypto Assets market and external factors that may influence SOL prices, in order to make more comprehensive and prudent investment decisions.
SOL0.3%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
AllInDaddyvip
· 6h ago
play people for suckers just play, the important thing is to participate
View OriginalReply0
MevHuntervip
· 6h ago
Can't hold on even after running so high.
View OriginalReply0
LightningLadyvip
· 6h ago
The trend is beautiful, but I feel anxious.
View OriginalReply0
GateUser-a5fa8bd0vip
· 6h ago
If sol falls, then let it fall. I just want to enter when it has fallen.
View OriginalReply0
LiquidityWitchvip
· 6h ago
The small cakes have fallen like this, yet Sol still dares to surge.
View OriginalReply0
MelonFieldvip
· 6h ago
We still have to see BTC's expression.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)