Real-time market analysis and multi-dimensional analysis at 09:30 AM on August 17, $SOL 8
Good morning, everyone. The latest price of SOL is about $187.26, and the current price is stable on the oscillating platform of 186 to 188.
Multi-dimensional structural analysis
Trend structure: SOL sticks to multiple short-term moving averages and does not break the structural defense line. The bulls are still stable.
Technical indicators: Although MACD shows signs of retracement, it is still above the zero axis and has not triggered a short signal; RSI has fallen back to the neutral and strong range (approximately 55), and the structure is healthy.
Volume: The callback is accompanied by a reduction in trading volume, indicating that the selling pressure is not heavy, and it is in a state of consolidation rather than panic.
Important support and resistance:
Support: $185 to $186, stepping back to confirm the structure;
Resistance: $189.9 to $190 is the first resistance zone. After the breakout volume is confirmed, the target is $195 to $200.
Operation suggestions:
SOL is currently trading at $187.3. Although it has fallen slightly, the structure is still stable. This wave of consolidation is not a real short entry signal, but is making reserves for the bulls. The key support is between $185 and $186. Just like the foundation is stable, the bulls can continue to soar; if they can break through $190 with volume, the subsequent rebound target will be pulled to the $200 mark in one step.
Radical: You can choose to enter the market with a small position in the $186 to $187 range, set the stop loss below $184, and steadily eat back $190 to $195;
Steady faction: Wait for the $190 to be confirmed to break through with volume before chasing, the bull signal is clearer, and the winning rate is higher.
In a word, SOL is "ready to go". Holding 185 is the bottom line for the bulls, and breaking through 190 is the acceleration button for the impact!
👉What do you think? Can SOL break through 190 in one fell swoop? You are welcome to leave your opinions in the comment area, remember to follow me, and I will be the first to grasp the market!
