Today, SOL is experiencing a slight pullback downwards, but overall it is still operating within a fluctuating range. The support level for going long looks to be around the previous high point of 251.5, while there is significant resistance around 264 above.
From the overall view of the candlestick chart, it is currently in the upward structure of the third wave, and the bullish trend has not changed. The main direction remains to follow the bullish trend.
Current strategy suggestion: Buy on dips
You can enter at the current price
The stop-loss point below looks to be near the lower bound of the 251.5 range, and if it continues to break down, it can be seen at the strong support level of 248.
For those who are more conservative, it is advisable to patiently wait for a breakout above the 264 level before chasing long positions.
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