Solana 4 Hour Level Still Uptrend, Do You Want to Increase Your Position? 🤔 Let's Analyze the Market Together (Trading Points at the End:
1. Candlestick Patterns:
- Recently, the price has experienced multiple spikes and pullbacks around 260, forming obvious upper shadows, indicating strong resistance above.
- The price is consolidating in the range of 250 to 260, with fierce competition between bulls and bears.
2. Technical Indicators:
- MACD: Currently, both DIF and DEA are positive, but the MACD histogram has shortened again after turning positive from negative, indicating a weakening upward momentum and the possibility of entering an adjustment phase.
- RSI: The RSI value is hovering around 50, not entering overbought or oversold territory, indicating a neutral market.
- EMA: The price is currently above EMA7 but close to EMA30. If it falls below EMA30 (251.91), it may further test lower support levels.
3. Trading Volume:
- Recently, the trading volume has increased over several periods, especially during periods of high price volatility, indicating increased capital activity.
- Increased volume near highs indicates some selling pressure, necessitating caution against short-term pullback risks.
【Trading Points】
- Buy Point One: 250 USDT (close to previous lows, the round number may form support)
- Buy Point Two: 245 USDT (further down to stronger support area, also close to EMA120)
- Long Stop Loss Point: 240 USDT (breaking important support level, preventing further downside risk)
- Sell Point One: 265 USDT (close to recent highs, with significant selling pressure)
- Sell Point Two: 270 USDT (may encounter the next resistance zone after breaking previous highs)
- Short Stop Loss Point: 275 USDT (if the price continues to rise and breaks this level, the trend may reverse)
$SOL Latest News about SOL:
Recently, Solana has shown strong performance, with a 24-hour rise of 3.46% and a 5-minute volatility of 0.36%, priced at $256.73. This indicates that Solana still has high activity in the short term, with market sentiment being relatively optimistic, and the current price is in an upward trend. From a news perspective, Solana's circulation is 486627229.32, and its market capitalization ranks 5th, indicating a high level of recognition and influence in the market. In the short term, consider buying on dips, with target prices referencing recent highs. In the long term, Solana, as a high-performance blockchain platform, has enormous potential for future development, and it is recommended to continue holding.
#每日K线