$SOL

SOL Point Analysis and Long/Short Direction Prediction

Market Overview

Current Price: $215.11, Change -0.86%

• 24-hour High: $223.89

• 24-hour Low: $211.36

• Trading Volume: 838 million USDT

Technical Indicator Analysis

1. Moving Average System

• MA7 (Short-term): $217.04

• MA25 (Medium-term): $220.75

• MA99 (Long-term): $228.23

Analysis:

• The short-term moving average (MA7) and medium-term moving average (MA25) have formed a death cross, indicating continued pressure below the price.

• The long-term moving average (MA99) continues to show a downward trend, with strong bearish forces.

2. MACD Indicator

• DIF: -2.26

• DEA: -1.85

• MACD Histogram: -0.41

Analysis: The MACD shows a bearish arrangement, with the negative histogram continuously expanding, indicating significant downward pressure.

3. Trading Volume

• Trading volume is shrinking, with a strong market wait-and-see sentiment. Short-term downward momentum is weakening, but further volume increases still need attention.

Key Levels

• Upper Resistance Levels: $220.75 / $226.27

• Lower Support Levels: $211.36 / $203.00

Short-term Contract Strategy

Short Position Strategy:

• Opening Point: Around $217

• Additional Position Point: $220

• Stop Loss Level: $224

• Take Profit Target: $211 / $203

Long Position Strategy:

• Opening Point: Around $211

• Additional Position Point: $203

• Stop Loss Level: $200

• Take Profit Target: $220 / $226

Long/Short Direction Prediction

Currently, the short-term technical outlook for SOL is bearish, with prices under pressure from MA7 and MA25. If the **$220 resistance level cannot be broken, there is a possibility for prices to continue testing the $211 support. If the lower **$211** support holds, there may be a rebound opportunity in the short term.

Overall Trend: Short-term bearish; if the rebound lacks strength, further caution is needed against a deeper test of the **$203** support level.

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