🎙 $SOL Morning Market｜August 9, 08:00
Good morning, on-chain friends! SOL surged last night, jumping from $158 all the way to $176, truly "staying up late is not as good as staying up for the market." Waking up, my wallet feels revitalized too.
📊 Data First
• Current price $176, up 1.3% from yesterday, firmly on the bullish beat.
• 24-hour low $158, high $177, the price fluctuation could buy you a hot pot meal.
• Market cap $81.7 billion, trading volume $2.6 billion, the buying and selling noise is livelier than a morning market.
📈 Technical Analysis
• RSI is in a neutral to strong zone, bulls are controlling the field.
• MACD continues to golden cross, like a seasoned driver steadily pressing the gas.
• Price is firmly above the 20-day and 50-day moving averages, the trend can be summed up in one word: Bullish!
🛡 Support & Resistance
• Support: $170 to $172, this is the defense line for the bulls.
• Resistance: $178 to $180, breaking through could challenge the $185 key level.
💡 Trading Strategies
• Aggressive: Lightly long near $172, target $178 to $180, stop loss at $170.
• Conservative: Wait for a break above $180 to enter, not worried about being late, just afraid of being stuck.
• Observers: Enjoy a cup of coffee, watch the show, and wait for signals.
In Summary
SOL today feels like a beast just waking up; whether it can continue charging depends on whether it can kick down the $180 door!
🚀 Let's charge to 500 together!
Don't forget to like + follow! Tell me in the comments: are you choosing to buy low today or waiting for the structure to stabilize before positioning? Let's chat in the comments.
