#sol Short-term Trend Deep Analysis and Trading Guide
Current price of SOL is around 180, currently in a key reversal window.
Above, the 185-190 area has a large amount of trapped chips, a breakthrough requires volume support; below, the 172-175 forms a short-term lifeline, a loss could trigger a deep correction to the strong support zone of 165-168.
The technical aspect releases important signals:
1) The 4-hour chart shows an ascending triangle consolidation, about to choose a direction
2) MACD has a golden cross above the zero axis, but the volume bars are starting to shrink
3) The 179-181 range is the recent dividing line between bulls and bears
On-chain data reveals:
There is a buy order accumulation worth $230 million below 175
The funding rate in the derivatives market has turned negative, beware of short-term washout risks
Trading strategy suggestions:
🔥 Break above 183, consider lightly entering long positions, target 188-192
🛡️ Consider gradually entering if it retraces to 175 without breaking, stop loss below 172
⚠️ If it breaks below 172 with volume, decisively exit and observe
Market conditions change rapidly, the above analysis needs to be dynamically adjusted in conjunction with real-time indicators, specific entry positions will be announced internally
