$SOL "Good morning everyone, it is now 07:30 Beijing time on August 13th. The real-time price of SOL is $192.24, up nearly 10% in the past 24 hours, almost performing a 'recovery myth'!
From a low of $174, it surged all the way up to $193. Who wouldn’t be tempted by this wave of rebound? Structurally, SOL has completely risen above the key moving averages, with a full bullish arrangement and continuous buying activity.
Focus on two key ranges:
• Support zone: $174 to $176, holding here is a signal for the bulls to continue accumulating strength.
• Resistance zone: $193 to $195, once it breaks through with volume, this will ignite the next wave of upward momentum, targeting the $200 milestone.
Operational suggestions:
• Aggressive traders: You can place light long positions in the range of $191 to $192, with a stop loss set at $188, targeting $195 to $200.
• Conservative traders: Wait for a confirmed breakout above $193 with volume before entering, riding the trend.
In summary: SOL has become the main battlefield for bulls today, with a strong structure and clear direction, just waiting for the breakout moment, the sprint is imminent!"