#币安Alpha项目公布
$SOL Latest News
According to the analysis of the new chart
Current Observation
Price Trend:
Current price 208.38. The price has rebounded, but is still under selling pressure, with quite a few rejected candles above.
The previous support level of 213 has been broken, and now 210 has become a minor resistance.
Indicator Situation:
Bollinger Bands: The price is slightly below the middle band, indicating insufficient upward momentum.
MACD: There is a slight golden cross (indicating a current golden cross), but the histogram strength is relatively weak.
Stochastic RSI: Close to 95, indicating that the market is overbought and likely to retrace.
Order Book:
There is significant selling pressure in the 208.5 to 209 range, while buy orders are concentrated around 207. This suggests a potential retracement to 207 before a significant rise.
Trading Strategy
Short Selling Strategy (Recommended):
Entry: 208.5 to 209 range (close to resistance).
Stop Loss: 210.5 (above recent resistance and the middle band of Bollinger Bands).
Take Profit: 205 (the next strong support level).
Long Strategy (Risky):
Entry: If the price drops to the 205 to 206 range and shows signs of valid support (surge in trading volume or a bullish candle).
Stop Loss: 203.5 (below the support level).
Take Profit: 208.5 (resistance level).
Advice
The short-term market looks overbought; it is recommended to short in the 208.5 to 209 range with a target of 205.
Avoid going long until clear support confirmation at 205.
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