7.20 SOL Market
Recently showing a bullish trend, rising from 157.11 to 185.00, there is potential for bulls but don't chase blindly.
MA7 and MA30 have flattened out, entering a period of consolidation and competition, with bulls and bears tugging in the range of 176 - 180.
Support is seen at 175 - 176 (moving average support zone, alert for a fall if broken).
Pressure is focused at 180 - 185 (previous high resistance zone, breaking through opens up space).
If it retraces to 175 - 176 and stabilizes, consider buying low, targeting 180 - 182, with a stop loss at 173.
If it breaks 182, chase the bullish trend, aiming for 185+, with a stop loss at 180.
If it rebounds at 180 and meets resistance, consider a light short position, targeting 176 - 175, with a stop loss at 182.
In a volatile market, focus on rhythm, keep a close eye on support and resistance, execute well to profit! For real-time strategies, follow Lao Xie for sharing top strategies.