SOL: A tug of war between bulls and bears, a breakout is imminent!
Support is building, a short-term rebound is worth looking forward to!
Seize the opportunity, the time for short-term positioning has arrived!
Market Analysis
After a recent pullback, SOL's price has gradually stabilized, and market sentiment is starting to recover. It is currently in a critical range, with bullish and bearish forces relatively balanced, but short-term rebound signals are beginning to show. Pay attention to whether there can be a volume breakout.
Support and Resistance
• Support Levels: $185, $175, $165
• Resistance Levels: $195, $210, $220
Short-term Trading Strategy
1. Long Position Plan
• Entry: $185
• Add Position: $175
• Stop Loss: Below $165
• Take Profit: $195, $210, $220
2. Short Position Plan
• Entry: $195
• Add Position: $210
• Stop Loss: Above $220
• Take Profit: $185, $175, $165
My Prediction
The current SOL price is close to the support area, and it may gradually rebound. It is recommended to accumulate long positions on dips.
【Every day, I will share analyses of mainstream coins and altcoins with my brothers. You can click on the coin pair tags in the article to trade. Wishing my brothers and sisters a bountiful harvest!】