SOL: The turning point is imminent, short-term opportunities are coming!

Market Analysis

SOL is currently in a fluctuating downward trend, with prices approaching previous low levels, and the market sentiment is quite cautious. Overall, there is a risk of further pullback in the short term, but a rebound opportunity may occur at any time.

Support and Resistance Levels

• Support Levels: $200, $195, $190

• Resistance Levels: $210, $215, $220

Short-term Trading Strategy

Long Strategy (Bullish):

• Entry Point: $202

• Add Position Point: $200

• Stop Loss Point: $189

• Take Profit Targets: $210, $215, $220

Short Strategy (Bearish):

• Entry Point: $210

• Add Position Point: $215

• Stop Loss Point: $221

• Take Profit Targets: $202, $200, $195

$SOL

My Prediction

From the trend, SOL may continue to explore the support area in the short term, and it is recommended to focus on short positions, paying close attention to whether there are significant resistance signals around the $210 level.

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