11.11 Afternoon Market Overview:
SOL and its Dogecoin WIF:
SOL: Promoted to the billion-dollar club, with a market cap exceeding 21 billion USD. Its price has been gradually rising over the past few days, breaking the strong resistance at 20.9 billion yesterday, and closing above 21 billion this morning. Although there has been a pullback, the bulls are still strongly pushing towards 22. Even the previous high of 26 is not a problem. Two new tokens will be launched on the SOL chain early tomorrow morning, and currently, the SOL chain is unstoppable, with its on-chain derivatives continuously emerging. As long as new tokens keep being added on-chain, the SOL parent currency will also rise! Additionally, Binance continues to launch SOL staking and futures, showing its importance to SOL! Seizing SOL in this bull market will definitely bring you different gains. A few days ago, when I suggested everyone to enter SOL at 16.4, you must have made a fortune, right? You can pattern him! Resistance levels are 21.973, 22.356, 22.906, and support levels are 19.241, 18.539, 17.806.
WIF: The Dogecoin is even stronger, there’s no doubt about the golden dog on the SOL chain. I checked the market and analyzed it this morning; the highest resistance level is around 2.9. Who would have thought it suddenly surged to 3.22 between 10 and 11 o'clock, breaking all the previous resistance levels and turning them into support! Given the current situation, breaking the previous 4.85 to create a new high is just around the corner! Current resistance levels are 3.273, 3.43, 3.65; support levels are 2.711, 2.552, 2.392.
Every pullback in the current market gives us the best opportunity to get in. Stop saying that the bull market only wants to break even. I just want to say that in this bull market, I want to Make Much Money! Follow me for the latest news and point analysis every day!