$SOL
🎙 SOL Evening Briefing｜August 12, 21:30
Latest price approximately 175.05 USD, down about 4.30% from yesterday's 182.91 USD, with a clear short-term pullback.
The intraday fluctuation range is between 173.53 USD (low) and 186.77 USD (high), still showing elasticity.
Technical Structure Insights
• Dropped to the support area (around 175 USD), not yet breaking the key defense line;
• Price remains above the main moving averages, structure is bullish;
• If it can hold the support area and regain momentum, challenging the resistance zone of 180 to 185 USD is just a matter of time.
Quick Overview of Trading Suggestions
• Aggressive: Can try a small long position near 175 USD, with a stop loss set below 173 USD, targeting 180 to 185 USD.
• Conservative: Wait for the price to break through the 180 USD resistance with volume before planning.
• Observers: Currently, the structure is oscillating; it is recommended to patiently wait for a clear direction before entering.
Summary in One Sentence:
Although SOL has adjusted, the bullish structure remains intact; as long as it holds above 175, there is a chance to launch another upward surge!
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