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Sol midday thoughts, currently the 4-hour timeframe shows a weak oscillation pattern with a downward probe of support. The price is trading below the middle band of the Bollinger Bands, and the moving average system is diverging downward. The price remains under pressure from the short-term moving averages, and the bearish structure has not been broken.
MACD: below the zero line, the negative histogram is slightly converging but has not formed a golden cross, indicating that the bearish momentum still dominates.
Around 130, stop loss at 132, target 112#SOL