SOL Evening Market Analysis
Good evening, brothers! Let's take a look at the market of SOL. Now the price is fluctuating up and down, and the timing of opening an order is not very good. Whether it is long or short, there are certain risks.
If you choose to open a long position, it is still a bit far from the lower support; if you go short, it is also not close to the upper resistance. In short, the stop loss is too large, which does not conform to the principle of "small wins big". Therefore, we must wait patiently for opportunities now, either open a short position close to the resistance level, or open a long position close to the support level, and control the stop loss.
Upper resistance: 155, 162
Lower support: 150, 145
It should be noted that once 145 falls below, long orders must be exited. This position is the bullish trend line of the symmetrical triangle, and breaking it means that there may be a deeper correction.
What do you think of this wave of market? Welcome to discuss!
