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6.29 Market Overview: SOL Ascending Triangle Trend

SOL has also welcomed this wave of rebound after a long time, with a bottom divergence appearing in the 4H last night, SOL has also pulled back to 150; currently, it is in a sideways movement like Bitcoin; from the narrative perspective, various institutions are reapplying for SOL's ETF, if it goes fast, the spot approval could be around July to September, after all, SOL futures have already been approved, so I am quite optimistic about SOL, which is one of my heavily invested tokens.

Waiting for the right side SOL to test support and the resonance point of the trend line at 145.57 for a long position entry, with a stop loss if it breaks below. The targets are 149.61 and 157.09; last time we entered at 130 for a short spot and have already made a profit of 12%, currently not considering reducing the position, the T1 reduction position is at 157.09, holding the position for the long term.

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