SOL market analysis today:
Recently, the price of SOL has fluctuated repeatedly between 130 and 135 USDT, forming a pattern of shock consolidation. At 00:00 on September 10, the price rose rapidly, but soon fell back, and the market sentiment is still unstable.
MACD shows that SOL is currently in a bull market, but the upward momentum has weakened somewhat.
RSI is close to the overbought area. Although there is still a little room for growth, the risk of a pullback is also increasing.
In terms of EMA, the short-term trend is still optimistic, but the price may encounter greater resistance when it approaches EMA120.
Operation suggestions:
Buy point 1: 130 USDT, which is a reliable support level, close to EMA30.
Buy point 2: 128 USDT, close to the previous low, strong support.
Stop loss point: 126 USDT, to avoid sudden market crashes.
Sell point 1: 137 USDT, close to EMA120, may encounter pressure.
Sell point 2: 140 USDT, an important integer level.
The above views are for reference only and are not intended as investment advice.
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