#sol链
Current analysis of SOL: Buy and hold strategy, must consider both short and long term!
Speaking of SOL's price, we need to look at the current situation. As of November 22, 2024, SOL is approximately selling for $257.7. The recent price trend has provided many hints for friends looking to invest.
Price at a glance
Current price: $260
Market cap: Approximately $124.3 billion
24-hour change: +11.66%
SOL has been rising quite rapidly, doubling in a week.
Key price levels for trading
If you want to trade SOL, you need to know the resistance and support levels, which is very important.
Resistance level:
The current resistance level is around $260 to $270.
The key resistance is $300, which is a price level everyone is keeping an eye on.
Support level:
The recent support level is around $230.
Further down, $200 is an important support point that has been held multiple times before.
If SOL drops below $250, it may retrace to $230, or even lower to $200.
How to operate in trading
Short-term operation:
When to buy? If SOL drops near $230, or starts to rebound from there, it can be considered for purchase.
When to hold? If the price steadily exceeds $260, then do not sell yet, as it may continue to rise.
When to sell? If it approaches $300, or signs of a drop are evident, then prepare to sell.
Long-term plans:
When to buy? If you want to hold long-term, consider buying more if SOL breaks through the $260 mark.
When to hold? As long as SOL remains above $230, hold on and don’t sell, indicating a good upward trend.
When to sell? If SOL rises to around $300 or $350, especially if the market feels it has risen too much, then consider selling.
SOL is currently performing well, mainly due to clearer regulations and increased user adoption. This is favorable for both short-term trading and long-term investment. Everyone needs to keep an eye on resistance and support levels to stay grounded in this fast-changing market.
If you always miss the right timing, feel confused about how to operate, and want to keep up with learning, you need to meet one condition: strong action-taking ability, act decisively, like + comment, and I will help you make big money!
