The SOL breakthrough is imminent, short-term explosion opportunities are coming! Are you ready to welcome the rise?
The current price of Solana (SOL) is $253.75. After market fluctuations yesterday, SOL successfully broke through the psychological barrier of $250, showing strong upward momentum. As market sentiment gradually warms up, Solana's technical aspects are also gradually improving. The current breakout signal indicates that SOL may continue to rise, challenging highs between $260 and $270.
1. Long Strategy (Breakout Rise)
Entry Point: If SOL breaks above $255 and maintains above this level, it is recommended to go long. After breaking $255, SOL's short-term upward space will further open up, and the market may continue to push prices higher. Take Profit Point: The target price is $270, which is SOL's recent resistance area and also a relatively ideal short-term take profit point. Stop Loss Point: If SOL falls below $250, close the position. This price level is the current support area, and a fall below it may indicate a pullback.
2. Short Strategy (Resistance Pullback)
Entry Point: If SOL fails to break $260 and a pullback signal appears, consider going short. In the short term, if strong resistance is encountered, SOL may face selling pressure around $260. Take Profit Point: The target price is $245, which is a recent support area; a pullback to this point may receive support again. Stop Loss Point: If SOL breaks above $270, close the position, indicating that short-term upward momentum is very strong, and the reversal risk is high.
After recently breaking through the key resistance area of $250, SOL is expected to continue rising to $270 in the short term. Strong market sentiment and improvements in the technical chart support this view. If SOL breaks this resistance, the subsequent upward space will be larger, possibly challenging $280, or even approaching $300.
Of course, the risk of a market pullback cannot be ignored. If the price fails to break $260, a strong pullback may occur, with the target price looking for support in the range of $245 to $250.
In the short term, SOL has great upward potential, especially if it can break through the $260 to $270 range; the subsequent target price will far exceed market expectations. Overall, SOL's future trend looks bullish, especially against the backdrop of continued warming market sentiment, making the short-term upward space worthy of close attention. $SOL