Family, Brother Hao is here with the latest analysis of Solana (SOL) price fluctuations!

First, let's talk about trend signals, which are key to judging the future direction of SOL. From a technical indicator perspective, the stochastic RSI has entered the oversold area, which means there is a high probability of a rebound in the short term. Looking at the MACD indicator, although it is currently dominated by bears, if SOL can stabilize above $192, it might form a golden cross, and the market situation could change.

Next, let's discuss the key price levels, which are important references for everyone's operations. Currently, there are two support levels: one is $169, which is the recent low; the other is $174, where the stop-loss for long positions should be set. There are also two resistance levels: $206, which is the recent high, and $213, which is a previous high congestion area. If we want to break through these resistance levels, the trading volume is very important. The 24-hour trading volume has shrunk to $12.5 billion, and market sentiment is cautious. If SOL wants to break through the resistance levels, it must increase its volume; otherwise, it will be difficult to make significant movements.

Now let's talk about optimistic and pessimistic scenarios. In an optimistic scenario, if SOL breaks through $206, the target can look towards the $220 - $250 range. However, this requires favorable news such as ETF approval or the successful implementation of Firedancer upgrades. In a pessimistic scenario, if SOL loses the support level of $174, it could trigger a selling wave, and the price might drop to $152, which is a historically strong support level. There is also a neutral probability scenario, with a 70% chance that SOL will oscillate between $169 - $206, waiting for a clear direction.

Finally, Brother Hao gives today's operation guide: short near $198.30 - $201.50, with an initial target of $195, and then look for $188.