SOL Trend Analysis

1. Yesterday's Review

  • Yesterday, the high point of the SOL price reached 264.64 before pulling back, currently in the adjustment area between MA5 and MA10. The bullish trend of moving averages is still present in the short term, but price momentum has weakened.

  • From the 4-hour level chart, SOL previously experienced a strong upward trend and is now entering a phase of high-level volatility and consolidation, with some pullback pressure in the short term.

2. Current Trend Characteristics

  • Support and Resistance:

    • First Support Level: 250 (key integer support in the short term, near MA10).

    • Second Support Level: 238 (stronger support, close to MA30).

    • First Resistance Level: 260-264 (near yesterday's high point).

    • Second Resistance Level: 270 (psychological resistance and continuation target).

  • Technical Indicators:

    • The MA moving averages indicate that the MA5 short-term moving average is starting to flatten, with weakened upward momentum in the short term.

    • Volume is shrinking, indicating that the market is heavily in a wait-and-see mood at high levels, and a directional choice may be imminent.

    • The MACD indicator (which needs to be combined with details) may be in a top reversal state, indicating a need for short-term adjustments.

Operational Suggestions

1. Intraday Direction Forecast

Based on the chart and current price trend, SOL is likely to continue the pattern of high-level volatility with pullbacks testing support. It is recommended to accumulate positions gradually at lower levels and avoid chasing after price increases.

2. Specific Strategies

  • First Support Level: 250 (accumulation point for positions)

  • Second Support Level: 238 (increase position size)

  • Stop Loss Level: below 230 (to prevent trend reversal to bearish)

  • Upward Target: 260 (look to reach around 270 after a breakout)

3. Position Diversification and Risk Control

If the current price is in the 255-256 range:

  • Aggressive: Some positions can be accumulated near 255, targeting 260, with a stop loss set at 250.

  • Conservative: Wait for the price to pull back to the 238 area before gradually increasing positions, with the stop loss still controlled below 230.

Currently, SOL is in a phase of volatility adjustment within a bullish trend. The short-term downside space is limited, and there is strong support in the 250-238 range. It is recommended to accumulate at lower levels, targeting 260-270. However, market sentiment should be monitored; if it falls below 230, caution is advised, as there may be a risk of deeper adjustments.

Today's Direction: Short-term volatility is slightly weak; after stabilizing support, it may move upwards. Reasonable accumulation points are between 238-250, with attention to market sentiment changes and key moving average support performance.

Mr. Qian has been deeply engaged in the cryptocurrency market for many years, and I understand the preciousness and volatility of market opportunities. To help everyone seize every opportunity in the rapidly changing market, Mr. Qian will continue to provide you with the latest market analysis and professional trading strategies.

#比特币突破10万？ #xlm #SOL #scrt #SOL创历史新高 $SOL $DOGE $BTC