SOL is poised for action, key intraday levels may trigger a bullish-bearish battle!

The current price of SOL is $238.04, displaying a narrow fluctuation throughout the day, but the trend remains strong. The upper resistance level at $240.00 has been tested multiple times recently, and a breakout may open up further upside potential; the lower support level at $230.00 is crucial, and if breached, it could trigger a short-term adjustment.

In terms of technical indicators, the MACD bullish momentum is weakening, but there are no obvious signs of a death cross; the RSI is around 54, indicating a relatively neutral market sentiment, awaiting a breakout opportunity.

Technical analysis and key levels:

• Resistance levels: $240.00, $245.00

• Support levels: $230.00, $225.00

The price is currently near the short-term moving average, and if trading volume increases, it may trigger a directional choice.

Short-term trading strategy:

1. Long strategy:

• Entry price: $240.50 (enter after breaking resistance)

• Take profit price: $245.00

• Stop loss price: $237.50

• Leverage suggestion: 3-5 times

2. Short strategy:

• Entry price: $229.50 (enter after breaking support)

• Take profit price: $225.00

• Stop loss price: $232.00

• Leverage suggestion: 3-5 times

SOL may experience a breakthrough in the short term, and if it successfully breaks $240.00, it is expected to target $250.00; if it falls below $230.00, it may trigger a pullback testing the support at $225.00. Market cautious sentiment is increasing, so it is recommended to closely monitor changes in key levels and adjust strategies promptly!$SOL