Directly get to the point 🔥🔥 If you can't grasp it, look below 👇
I'll explain the latest technical trends of #sol clearly to you! 💥
✅ First, let's look at the price. SOL is currently fluctuating around 206, having just broken through the upper resistance of the symmetrical triangle at 202.72. This move has been relatively stable!
However, I must remind you that there is a considerable risk of overbuying now. Don't rush in just because of excitement; stay calm!
✅ Now let's talk about key levels. The upper hurdle is at 210.10, which is the previous high resistance level. If it can break through steadily, it could very likely accelerate to 215.55. The support below is at 179.58, which is the position of the EMA120 moving average, considered a reliable support. A stronger support is at 173; make sure to remember these two positions!
✅ Indicators and volume also need to be mentioned:
• The MACD histogram is shortening, indicating that the strength of the bulls is weakening a bit, but the fast and slow lines are still above the zero axis, so the overall trend hasn't reversed; there's no need to panic.
• The current RSI value has soared to 92, already entering the overbought high zone, and the probability of a short-term pullback has significantly increased; this must be taken seriously!
👉 My operational advice: Consider going long around 203.55 to 204.60, with the first target at 210.10. If it can break through, then continue to look at 215.55!
Remember, this strategy is time-sensitive, so make sure to set a stop loss when entering. Don't be careless!
If you're unsure, feel free to reach out to me at any time, and I'll keep an eye on it for you. If there's any movement, I'll let you know right away!!
