Yueying: A break below key support for popular altcoins SOL could lead to double-digit gains for BNB and XRP in the short term.

SO, BNBL Technical Analysis — SOL daily chart shows a series of declines followed by weekend consolidation. Intraday opening saw a slight rebound, with the Bollinger Bands widening downwards. Short-term moving averages are trending downwards, the MACD fast and slow lines are extending downwards with decreasing volume, and the KDJ is turning upwards. The four-hour chart shows a downward consolidation. Although there has been some rebound, the market remains in a weak structure. The Bollinger Bands are narrowing, the MACD fast and slow lines are crossing upwards with increasing volume, and the KDJ is crossing upwards. The price has now broken below the low of October 10th, indicating a short-term weak structure. Resistance is seen around 143-145; a break above this level would target 157-160. Support is around 125; a break below this level would extend to 115-113. Short-term entry points should be based on resistance and support levels. BNB's daily chart shows a rebound after testing the lows. If the lows hold, there's a chance of a double bottom formation. However, if it breaks down again, the price will likely test the low of October 10th. The Bollinger Bands are trending downwards and showing signs of narrowing, the moving averages are extending downwards, the MACD fast and slow lines are showing signs of turning, and the volume bars are decreasing. The KDJ has found support and is turning upwards. Currently, short-term support is around 890-880; a break below this level would target 830. The first resistance level is around 960, and the second is around 1010. Short-term entry points can be based on these support and resistance levels. For more cryptocurrency analysis, click the image to see the homepage introduction. — I am Zhou Yueying, a teacher specializing in technical analysis. Feel free to discuss and learn with me about trading and trends! Let's exchange ideas and profit together!