10.31 AM SOL Market Interpretation and Trading Plan
Last night, SOL experienced a "high pullback + weak rebound" market, with prices quickly falling from a high of 198, touching the support level of 178, and then slightly rebounding to around 185. The volume during the rebound phase remained weak, with bearish forces still dominating the market.
Trading Reference:
Core focus on the support strength in the 183-185 range:
• If this range stabilizes and shows signs of increased volume, a small position can be taken long, with the upper target aimed at the 190-193 area;
• If the price breaks below the key support of 182, or if the rebound continues to lack volume support, it is necessary to guard against the risk of the market launching another attack on the previous low of 178.
SOLUSDT
Perp
163.8
+3.92%