SOL's significant volatility is coming! $257.10 support is key, short-term T+0 strategy will help you seize the opportunity to profit from price fluctuations!

SOL (Solana) is currently priced at $257.10, with market sentiment leaning towards volatility, fluctuating around this key level. The current technical analysis shows that SOL has found support around $257, but whether it can break through the upper resistance level remains the key to determining the short-term trend. As the intraday trading session continues, SOL may experience significant fluctuations, providing profit opportunities for short-term traders.

Technical analysis and key levels:

Support Level: $257.10, the current price is close to this support level. If it can maintain this support, a rebound may occur. Resistance Level: $262.00, breaking through this resistance level may lead SOL to further rise to $265.00.

From the 4-hour chart, SOL has formed strong support around $257.10. If the price breaks through the resistance level of $262.00, it is expected to accelerate further to $265.00. If the breakout does not hold, the price may retreat to the support level near $255.00.

Short-term contract strategies:

Long strategy:

Entry point: When the SOL price retraces to $257.10 and finds support, consider going long. Stop loss: $255.00, to prevent further downward movement. Target: $262.00, after breaking through, it can be held to $265.00. Leverage: Use 2x leverage, as there is significant volatility at night, which can increase profit potential, but risk must be strictly controlled.

Short strategy:

Entry point: If the SOL price breaks through $262.00 but fails to sustain the rise and instead falls below $259.00, consider going short. Stop loss: $265.00, to prevent further upward movement. Target: $257.10, if it breaks below this support level, it may further retreat to $255.00. Leverage: Use 2x leverage, flexibly respond to market fluctuations, and ensure risk control.

SOL shows strong support signals near the support level of $257.10. It is expected that if the price can break through the resistance level of $262.00, it may usher in further rises, with targets possibly pointing to $265.00. However, if the price fails to break through or maintain the upward momentum, it may retreat to $255.00 or even lower.$SOL