$SOL trend analysis on January 30
The new project is quite magical and has brought such a huge market. As for whether the project has revealed signs of a Ponzi scheme, it still needs to be verified. I believe every friend has a yardstick in his mind. The driving force of the news, combined with the K-line technical side, formed a resonance driving force for the rise.
K-line technical perspective: As shown in the figure below, the 1-hour K-line is currently in a stable rising channel and has been building a platform. After stabilization, the band will rise. This result is relatively strong. In terms of spot goods: Just hold it and it won’t get off until the support is broken.
Contract aspect: Considering the increase in volatility, control the leverage between 3 and 6 times, and be wary of the risk of pin insertion.
Support level 98, stop loss level for long orders: 95.2
Where is the pressure above? It hasn't been found yet. Don't talk about rising prices, and be more cautious when selling short.
