SOL (Solana) candlestick chart, let's combine technical analysis.
Overall trend:
SOL is currently in a bearish downtrend, as can be seen from the chart, the short-term moving average system (MA5, MA10) is showing a bearish arrangement, indicating strong selling pressure in the market.
The mid and upper Bollinger Bands are gradually flattening, while the lower band is slightly opening downwards, suggesting that the price may continue to fluctuate lower, but there is short-term rebound demand.
Support and resistance:
First support level: $189.00 (psychological level and near yesterday's low).
Second support level: $186.50 (lower Bollinger Band and previous low).
First resistance level: $191.50 (MA10 and mid Bollinger Band).
Second resistance level: $193.00 (key previous high, market bears may form pressure here).
Volume and momentum:
Recent trading volume has shrunk, and the market is in a wait-and-see mood, with both bulls and bears temporarily battling in a key range.
RSI is in a neutral to weak area, indicating that the market is not fully oversold yet, but a further decline may trigger a rebound.
Today's operational suggestions
Trading direction: cautiously bearish, waiting for key position rebound to look for short opportunities.
Entry strategy:
If the price rebounds to the range of $191.50-$192.00 and shows pressure signals, consider entering short positions in batches.
If the price pulls back to $189.00 and stabilizes, consider attempting a light long position to profit from a rebound.
Take profit and stop loss settings:
Short position take profit level: $189.50; further target level: $186.50.
Long position take profit level: $191.00; further target level: $192.50.
Stop loss level: short position stop loss at $193.50, long position stop loss at $188.50.
Risk control:
Position size should not be too heavy; wait for confirmation at key points before acting.
SOL is expected to fluctuate overall in the range of $186.50-$193.00 today, with the main tone still leaning towards bearish fluctuations. In the short term, we need to pay attention to whether the lower Bollinger Band at $186.50 is effectively broken. If it breaks down, it will open up greater downside potential; otherwise, the market may rebound from below to test upper resistance.
Market conditions change rapidly, please pay attention to risk management and timely take profit and stop loss when operating! If you have different opinions, feel free to discuss today's SOL trading strategy together!
#sol #MicroStrategy增持BTC #2025比特币价格预测 #加密ETF申请热潮涌现 #币安Alpha公布第9批项目 $BTC $ETH $BNB