The latest market data shows that Solana (SOL) has formed a bearish line with upper and lower wicks. The trading volume has slightly decreased compared to the previous day, but remains at a normal level. In terms of technical indicators, the daily chart MA30 has shifted from a rise to a slight decline, while the MACD, although still above the zero axis, shows a weakening of bullish momentum.

It is worth noting that the SOL price is currently still operating above the MA30 line. As long as it does not fall below this key support, the short-term rising trend is expected to continue. However, once it falls below the MA30, the market may shift to a bearish adjustment trend.

In the short term, the movement of SOL is closely related to Bitcoin. If it pulls back to around $164 along with Bitcoin, it will provide a good buying opportunity. This price level not only marks the upper edge of an important support area but also coincides with the daily chart MA120 line, forming double support.

For the daily chart level, we need to pay attention to the following key price levels: the upper resistance levels are at 202, 213, 237, and 250 dollars; the lower support levels are at 174, 164, 156, 145, and 136 dollars.

Overall, the current trend of SOL requires cautious optimism. Investors should closely monitor the movements of Bitcoin and make judgments based on the aforementioned technical indicators and key price levels. At the same time, they should also be wary of the risks that may arise from changes in market sentiment.