Continuation Conditions for Bullish Trend
- Support Level: 157.3 is the short-term pivot point; if it holds during pullbacks, the upward structure will be maintained.
- Target Level:
1. Previous High Resistance Level 163.2 (breakthrough opens up upward space);
2. Secondary Resistance Zone 166-170.5-174.4 (breakthrough requires volume support).
Pullback Risks and Support
- Breakdown Signal: If unable to break previous high and falls below 157.3, a pullback on the hourly level will occur.
- Support Level:
1. First Support 154.4 (recent low);
2. Second Support 150.8 (50-hour moving average);
3. Strong Support 148 (key daily support).
Operational Suggestions
- Aggressive Approach: Light positions near 157.3 on pullbacks to test long, target 163.2, stop loss below 156.
- Conservative Approach: Wait for a breakthrough of 163.2 or follow up after a drop below 157.3, avoid chasing highs.
Summary
SOL's night trend revolves around the 157.3-163.2 range, with 157.3 being the pivot point determining short-term trend direction. The current market is supported by the hotness of public chain ecosystems (such as active DeFi and NFT) and the upward movement of Bitcoin, but caution is needed for overbought pullback risks (RSI near 70). Operationally, it is suggested to use the gains and losses at the pivot point as signals, chasing after breaking the previous high, and observing or lightly shorting upon breaking support, with strict stop-loss measures to avoid chasing highs and selling lows. Focus on the activity level on the SOL chain and the rhythm of market capital rotation, preventing sector-related volatility.$SOL #SOL走势 
