7.21 Night SOL Analysis

The rising sentiment in the imitation market caught my attention. I opened the daily chart for some research.

From the daily chart, it seems that the current price of SOL has risen quite a bit; however, compared to Bitcoin breaking new highs and Ethereum being just a step away from its previous high of 4100, the rise is not that significant. It has just broken through the 50% Fibonacci retracement line. There is still a lot of room for further upward movement.

Given this situation, we can consider a medium to long-term layout for SOL.

Build positions at 195-205, and existing long positions can continue to let profits run.

First target 218, second target 240, final target 300. #solana $SOL