SOL Strong Rebound, Breaking the $246 Barrier Tonight, Complete Strategy for Short-term Operations!

The current price of SOL is $247.57. After experiencing a round of fluctuations, SOL has now returned to a strong range and is attempting to break through the key support level of $246. As the market's enthusiasm for the Solana blockchain continues to rise, the upward momentum of SOL should not be underestimated. From a technical perspective, SOL has completed the formation of a double bottom. If it breaks through the current resistance level, it could trigger a strong upward trend, with target prices expected to challenge $255 or even higher.

Short-term T Strategy: Long and Short Operation Full Explanation

1. Long Strategy (Trend Continues Upward)

Entry Point: SOL breaks above $246 and finds support at this level, indicating strong bullish momentum. At this point, consider going long. Take Profit Point: Set the target price at $255, which is a short-term resistance level that may continue to rise after a breakout. Stop Loss Point: If the price falls below $245, a stop loss is needed, indicating that the market may experience a significant correction.

Leverage Recommendation: It is recommended to use 4x leverage. SOL is highly volatile, and appropriate leverage can yield more profits in an upward trend, but 4x leverage can effectively control risk.

2. Short Strategy (Short-term Correction Operation)

Entry Point: If SOL fails to break above $248 and faces selling pressure to fall back, consider shorting near $247. Take Profit Point: Set the target price at $240, meaning if the price corrects to this level, profits can be made. Stop Loss Point: If SOL breaks and stabilizes above $250, a timely stop loss is needed to avoid further losses. $SOL