$SOL

SOLUSDT 1d

Current Price: 128.3500 USDT

24h Change: -0.926%

Major Support Level: 110.6700 USDT

Major Resistance Level: 138.5500 USDT

Current Trend: Fluctuating with a bullish bias

Detailed Explanation:

Technical Indicator Summary:

Moving Average System: MA5 (128.3400) is slightly above the current price, MA10 (120.7000) and MA20 (120.9960) are both below the current price, indicating short-term moving average support, but the long-term moving average MA120 (172.4776) is far above the current price, suggesting the long-term trend remains bearish. Overall, the moving average system shows a fluctuating bullish arrangement.

MACD: DIF (-1.9992) and DEA (-4.2459) are in the negative zone, but the histogram (2.2466) is positive, indicating that the MACD is in a golden cross state, and there may be upward momentum in the short term.

BOLL: The current price is between the middle band (120.9960) and the upper band (136.5879), %B (0.66%) shows that the price is close to the upper band, indicating potential upward space in the short term, but attention should be paid to the pressure from the upper band.

RSI: RSI6 (55.23), RSI12 (51.19), RSI14 (50.09) are all in the neutral area, showing no overbought or oversold signals, indicating a balanced market sentiment.

KDJ: K (74.63), D (70.23), J (83.44) are all at high levels, indicating potential pullback pressure in the short term, but overall still in an upward trend.

Indicator Data:

Funding Rate: -0.00222300%, indicating a relatively balanced market sentiment, with no clear bearish or bullish signals.

Volume Change: Recent trading volume has increased, especially when prices rise, showing market participants' recognition of the upward trend.

Capital Flow Data: Recent contract capital net inflow and outflow have fluctuated greatly, but spot capital net inflow is relatively stable, indicating strong market support for the spot.

Analysis Result

Direction: Cautiously bullish

Entry Timing: The current price is close to the BOLL upper band, it is recommended to enter when the price pulls back to around 125.0000 USDT.

Stop Loss Setting: Stop loss set at 120.0000 USDT, approximately 3.5% stop loss ratio.

Target Price Level: Target price set at 138.5500 USDT, expected return rate of about 7.5%.

Note: This analysis is for reference only and does not constitute any investment advice!