“SOL Breaks Critical Point, Future Hours Determine Life and Death!”
Market Analysis
The current price of SOL is $226.08, approaching the intraday high of $230.98, with the market finding strong support around $223.15. The current price is close to a key technical resistance level. If it breaks through $230.98, SOL is likely to enter a new round of increases. If the support level is breached, a correction may follow.
Technical Analysis
SOL Support Levels: $223.15, $220.00, $215.00 SOL Resistance Levels: $230.98, $235.00, $240.00
Short-term Long and Short Strategies
Long Strategy:
Entry Price: $226.50 Stop-Loss Price: $223.00 Take-Profit Price: $230.50
Short Strategy:
Entry Price: $230.00 Stop-Loss Price: $232.00 Take-Profit Price: $223.00
If SOL breaks through $230.98, it may quickly surge to $240 in the short term, or even reach new highs. However, if the breakout fails, SOL may correct below $223.00, and could potentially test the $220 support.
