$SOL
SOL's 1-hour price trend: down. 🚨🚨🚨🚨🚨
This is a 1-hour Binance SOL/USDT candlestick chart, the latest price is: 177.044 USDT, including EMA, MACD, KDJ and volume indicators.
[Buy and sell points] 🚨🚨🚨🚨🚨
Buy point 1: 175.00 USDT (recent support level, the area between EMA (7) and EMA (30). If the price falls back to this level, there may be buying orders.)
Buy point 2: 172.50 USDT (near the low point after 02:00 on July 22, a strong psychological and technical support level)
Long stop loss point: 170.00 USDT (lower than buy point 2 and leave enough space to avoid small fluctuations triggering stop loss)
Sell point 1: 180.00 USDT (a resistance level that has been tested many times recently but failed to break through, which can be used as an initial profit-taking point)
Sell point 2: 185.00 USDT (near the highest price, the market has proved that this position has heavy selling pressure, which is suitable as a further profit-taking point)
Short stop loss point: 187.00 USDT (exceeding the highest price in the recent cycle, providing a safety cushion for short-selling operations)
[Price trend analysis] 🚨🚨🚨🚨🚨
K-line pattern:
Recent K-lines show large price fluctuations, such as the long positive line at 04:00 on July 22, indicating strong buying power. From 06:00 on July 23 to the latest price, there were continuous small negative lines and small positive lines alternating, reflecting that the market lacked a clear direction in this range.
Technical indicators:
MACD indicator: DIF continued to decline and ran below DEA, and the MACD column value was negative, suggesting that the current trend was bearish. KDJ indicator: The J value was 57.34, which was higher than the K and D values, but it was still at a low level overall, which may indicate a potential rebound opportunity. EMA indicator: EMA (7) was below EMA (30), and the short-term moving average failed to break through the long-term moving average, showing a downward trend. If you are still watching and cannot see the market trend clearly, you will only fall due to bullishness and rise due to bearishness, free ➕👗 ➕🌍 BTC7732
Trading volume:
The trading volume gradually decreased after reaching the peak at 04:00 on July 22, indicating that the high point was densely traded and the buying power weakened afterwards. The trading volume has been stable in the past few hours, with no obvious increase or decrease, and the market participation is stable.
