SOL Short-term Trend Analysis and Trading Strategy Based on 4-Hour K-Line Pattern Analysis. If the closing price of SOL continues to stay below 173 USD, it can be confirmed that it is currently in a correction cycle.
From a technical perspective, the area around 173 USD constitutes an important resistance level. It is recommended that aggressive investors try to establish short positions in this range, with target price levels looking sequentially at the support levels of 166 USD and 161 USD.
It is worth noting that if the price strongly breaks through the key resistance level of 175 USD, the market may shift from a correction to an upward trend. At that time, strategies can be adjusted in a timely manner to establish long positions, with the upper target level looking at 180 USD.
In operations, it is essential to strictly set stop losses and flexibly adjust positions based on market fluctuations to effectively control risks.
