Analysis of SOL on August 18
SOL is currently operating around 182, with prices still fluctuating upward along the rising trend line. After being blocked by the 200 mark in earlier attempts, it has pulled back, but the 180-178 area has repeatedly provided support, indicating this is a key position in the bull-bear battle. Overall, the trend since the launch at 150 has not changed; it currently resembles a second phase of accumulation.
Operation Strategy:
If the price stabilizes in the 178-180 range, one can consider low buying with a small position, targeting 190-195.
If the price falls below 175 with increased volume, it would be wise to patiently wait for 170-165 before considering entry.
The overall trend remains bullish, and short-term corrections do not change the larger direction; the key is whether the trend line support can be maintained.
