SOL/USDT Short-term Trading Strategy
Current Price: 240.78 USDT
Period: One Day
Low Buy Strategy (Long Position)
Entry Price: 230-235 USDT
Take Profit Price: 245-250 USDT
Stop Loss Price: 225 USDT
Position: 30% of funds
Trading Type: Spot or Contract
Leverage: Contract suggested below 5 times
High Sell Strategy (Short Position)
Entry Price: 245-250 USDT
Take Profit Price: 230-235 USDT
Stop Loss Price: 255 USDT
Position: 20% of funds
Trading Type: Contract
Leverage: Suggested below 3 times
Technical Indicator Interpretation
1. Daily Line Shape Analysis:
SOL has recently pulled back from a high of 264.39, the price has fallen below the middle band of the Bollinger Bands, currently located between the lower band and the middle band, indicating a weak short-term market, but there is strong support below.
The current price is above the previous platform consolidation area (230-235 USDT), indicating certain support strength.
2. MACD:
DIF(15.52) is below DEA(17.48), the MACD histogram is negative, showing bearish momentum is dominant, but the magnitude is gradually weakening, a rebound may occur in the short term.
3. RSI:
RSI(6) is 53.66, RSI(12) is 60.56, RSI(24) is 63.16, overall in a neutral to strong area, no obvious top divergence or bottom divergence, but there is significant short-term correction pressure.
4. KDJ:
K value 48.88, D value 58.63, J value 29.39, indicating market momentum is weak, J value is oversold, a rebound may occur in the short term.
5. Trading Volume:
Trading volume has significantly shrunk, showing a large divergence between bulls and bears, but lower trading volume may suggest limited selling pressure.
6. Divergence Situation:
The RSI indicator has not formed obvious top divergence or bottom divergence patterns, the current price trend is basically consistent with the momentum indicators.
Strategy Logic
Low Buy Strategy: Consider positioning long when the price pulls back to the support area (230-235 USDT), target area is 245-250 USDT, a rebound is possible in the short term.
High Sell Strategy: If the price rebounds to the resistance area (245-250 USDT), you can open a short position to capture the correction opportunity, target is the 230-235 USDT area.
Risk Control: Strictly implement stop loss levels to prevent losses caused by significant market fluctuations.
Combining daily line shapes and technical indicators, the short-term focus is on oscillation adjustments, trading should pay attention to flexibly respond to changes in trading volume and breakthroughs or breakdowns of key support and resistance levels.