Sol analysis and strategy.

It has always been very optimistic. I mentioned it when I talked about Bitcoin before, and yesterday it went from 228 all the way to a peak of 245. There is still a lot of upward space in the later stages, and I personally feel that the support level below at 221 is too strong. It has not tested downwards at all, which shows that the bullish force is exceptionally strong. Each time there is a wave-like pullback, it doesn’t dip deeply, unlike other coins that see many people exit on sharp downward spikes.

Looking at the Fibonacci retracement, it has now reached between 235-239, and there will likely be a wave of upward rebound estimated around 242. Everyone can take the opportunity to buy some long positions at a lower price. The upper resistance level is 245. If this level is broken, you can continue to hold and look for 250. If it doesn’t break, sell it and wait for the next breakthrough. After selling, buy low and make a short-term trade.

Without further ado, here’s the strategy:

Buy long at 235-237

Take profit at 245

Stop loss at 232

The profit margin is not very large, so everyone can use high leverage, and just aim for about 150% profit. $SOL