SOL/USDT Daily Level Analysis and Direction Judgment

Support Levels:

1. $188.00: Important short-term support, if broken, may drop to $175.26.

2. $175.26: Strong support at previous low, a key defensive area.

Resistance Levels:

1. $199.00: Important recent resistance; a breakout will test the $205.00 level.

2. $205.00: Mid-term resistance; a breakout may lead to further strength.

Market Direction:

• Currently, SOL is consolidating near the MA(7) moving average, showing short-term weakness. If it holds above $188.00 support, a short-term long position may be attempted, targeting $199.00.

• If it breaks below $188.00, then the short-term outlook turns bearish, looking down to the $175.26 support area.

Trading Suggestions:

• Long Position Strategy: Enter near $188.00, stop loss at $185.00, target $199.00.

• Short Position Strategy: Lay out short positions at the $199.00 resistance level, stop loss at $202.00, target $188.00.

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