SOL Strategy on 8/17
The current SOL market is showing a typical range-bound oscillation pattern, with both technical indicators and external environments not providing enough momentum to break the existing range. Technically, although a bullish engulfing pattern has recently appeared, suggesting possible reversal signals in the market, the extreme contraction in trading volume has weakened the reliability of this signal. Meanwhile, the price is approaching strong resistance levels, further increasing the risk of a price pullback.
Operational Advice:
191±2🈳, target to be determined by oneself, strict defense advised.
For reference only, please refer to the actual situation!
