SOL180 Cliff of the Cut? Break 183 for a wild surge, drop below 172 for instant liquidation of short positions! 🔥
SOL is currently around 180, the critical watershed has arrived! Above 185-190 there is a large number of trapped positions, if it can't break through, don't expect an easy climb; below 172-175 is the lifeline, once it falls, it will immediately drop to 165-168 to pick up cheap positions.
The technical indicators have signaled: the four-hour chart shows an ascending triangle, MACD golden cross but with diminishing volume, 179-181 has become the battleground for bulls and bears. On-chain, it was revealed that there are 230 million buy orders stacked below 175, the funding rate has turned negative, and the short-term is full of signs of a washout!
Operating suggestions:
🔥 A breakout at 183 can be chased with a light position, targeting directly at 188-192;
🛡️ If it drops back to 175 without breaking, gradually pick up chips, stop loss below 172;
⚠️ If it breaks 172 with volume, retreat immediately, don’t resist stubbornly!
Market conditions are ever-changing, keep a close watch on indicators, opportunities and risks coexist!