#DeFi全线飙升
The Big SOL Price Reveal! Today's Operating Secrets Help You Get Rich Overnight!
Yesterday, SOL surged from 200 points to around 227, but as it continued to rise, the momentum faded, and the trading volume couldn't keep up, indicating that the market will likely wobble in the short term.
Key Highlights:
On the 4-hour chart, the price is about to touch the MA30 line (around 233), which poses significant resistance above.
Although the MACD indicator has crossed bullishly at a low position, the red bars are getting shorter, indicating that the bulls are running out of strength.
The RSI indicator has climbed back from the oversold zone (below 30) to the middle zone (around 50), but it's been a tough climb.
How will SOL perform today?
Looking at yesterday's surge and technical indicators, SOL is likely to move as follows today:
Short-term decline likely: The price between 227 and 233 might face downward pressure, and we need to watch closely at 220 to 215.
Broad consolidation: If the price cannot break through the 233 line, it will likely fluctuate between 200 and 233.
Technical Analysis Insights:
Moving Average System:
MA7 and MA30 are arranged in a bearish formation, making a short-term rebound challenging.
MA100 (around 240) is a tough barrier.
Bollinger Bands:
The price is currently near the middle line of the Bollinger Bands; if it can't rise above (233), it may drop to the lower line (around 215-220).
How is the trading volume?
Yesterday, the trading volume was not significant, and the market remained cautious, resulting in a mediocre rebound.
How to operate today?
Short (waiting for it to drop):
Entry Timing: Between 230 and 233
First Profit Point: 220
Second Profit Point: 215
Stop Loss Point: 235
Long (waiting for it to rebound):
Entry Timing: Between 215 and 220
First Profit Point: 225
Second Profit Point: 230
Stop Loss Point: 210
Today, SOL may continue to wobble, with short-term bears holding the advantage, but there is strong support at 215 to 220, so we need to see if it can rebound from this area. In terms of trading, focus primarily on short positions, with some long positions, and manage risks well to avoid chasing highs or panicking during dips.
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