📈 #SOL Bulls are adding positions, short-term suspected false breakout, consolidation is biased towards bullish but watch out for the risk of bearish formation

🚨 Dingding Cryptocurrency Market Analysis Daily Report 2025/05/24

According to the latest data from Binance, SOL's long and short positions are fiercely contested, with short-term bulls experiencing a pullback and bearish actions beginning to emerge, strategies need to be handled with caution🔥

SOL Periodic Analysis Summary

Daily: Bulls are adding positions, showing signs of a false breakout, stop loss set at 159.44, support between 165.49 and 171.8

4-Hour: Consolidation is biased towards bullish, clear signs of a bullish move first up then down, actively adding positions, watch for a breakout to chase long at 187.71

1-Hour: Bearish formation has not yet shown clear expression, actively adding short positions between 172.5 and 181.35

💡 Important support and resistance points and take-profit levels are clear, helping you grasp the market rhythm

SOLUSDT Technical Analysis Trading Strategy

SOL Daily 1D

Trend: Bulls are adding positions, signs of a false breakout

Long Position Information

Stop Loss: 159.44 (can go short if broken)

Add Long: Major Support 171.8 Best 170.24 Last Support 165.49

Breakout to chase long: 187.71

Take Profit: 201.44 227.4 253.36

SOL 4-Hour 4H

Trend: Consolidation is biased towards bullish, clear signs of a bullish move first up then down, adding positions

Long Position Information

Stop Loss: 164.51 (can go short if broken)

Add Long: Best 173.37✅ Last 169.47 Major Support 167.95 Last Support 165.5

Breakout to chase long: 187.71

Take Profit: 202.05 225.25 248.45

SOL 1-Hour 1H

Trend: Bearish formation not yet expressed

Short Position Information

Stop Loss: 183.76 (can go long if broken)

Actively adding short Major Pressure 176.93 Best Last Pressure 179.46 Last 181.35

Breakout to chase short: 172.5

Take Profit: 164.38 149.96 135.54