SOL Long and Short Divergence Intensifies, How to Operate Next?

Market Analysis:

SOL has recently retreated from its highs, and the overall trend is weak. The current price is fluctuating within a consolidation range, with insufficient strength for a short-term rebound, but buying pressure is gradually increasing below, so attention should be paid to the subsequent volume release.

Support and Resistance Levels:

• Support Levels: 211, 205, 198

• Resistance Levels: 223, 230, 240

Short-term Trading Strategy:

Long Strategy:

• Entry Point: 211

• Add Position Point: 205

• Stop Loss Point: 196

• Take Profit Targets: 223, 230, 240

Short Strategy:

• Entry Point: 223

• Add Position Point: 230

• Stop Loss Point: 243

• Take Profit Targets: 215, 208, 198

$SOL

My Prediction:

The short-term trend for SOL is weak, and it is expected to continue testing support downwards. It is recommended to short on highs and open positions near resistance levels during rebounds.

【Every day I will share analysis of mainstream coins and altcoins with the brothers, you can click on the coin pair tags in the article to trade, wishing brothers and sisters to earn a lot!】