The 4-hour Bollinger Bands are narrowing. After the previous decline, the current rebound is facing pressure at the midline and forming another bearish candle to retest it, with no signs of sustained rebound in the near term. On the hourly chart, rebound momentum is limited, with near-term resistance concentrated around the 91 level. Short trades can be placed around this level, with targets below at the 87-85 range.
SOL
The 4-hour Bollinger Bands are narrowing. After the previous decline, the current rebound is facing pressure at the midline and forming another bearish candle to retest it, with no signs of sustained rebound in the near term. On the hourly chart, rebound momentum is limited, with near-term resistance concentrated around the 91 level. Short trades can be placed around this level, with targets below at the 87-85 range.