SOL Today's Trading Suggestions!

SOL is really impressive, it surged to around 240 yesterday, giving the bulls hope and a desire to increase their positions. Then, a quick dip to around 230 made the bulls hold on tightly, only to end up with a liquidation. What a trickster, it's quite bad, but I like it, hehe. Looking at the Fibonacci retracement, it has broken through the lower oscillation area, reaching between 233-245. Its series of actions makes current players hesitant to invest large amounts, but the brave will enjoy the world first.

From a short-term perspective, the upward trend is still strong, with a support level at 228 and a minor support level at 235, while the resistance level above is at 245. The current position is at a moderate low, and everyone can chase long positions. Personally, I believe this coin can be held for the long term, opening low-leverage contracts or spot trading. One day, it will surely soar again.

Trading Suggestions:

Long at 236

Stop loss at 230

Take profit as notified. If it breaks through the minor resistance at 245, you can continue to hold. If it doesn't break, just watch the situation to sell. Without further ado, fasten your seatbelt, we’re off! $SOL