Family, in the afternoon, Brother Long will discuss the SOL trend, providing some references from both technical aspects and on-chain signals.

Currently, SOL is priced at $182.38 (14:10), down 5.1% in the last 24 hours, which is a sharper decline compared to mainstream coins like BTC and BNB. After dipping to $181.01 in the morning, it rebounded slightly but couldn't hold above the resistance level of $185, indicating cautious market sentiment.

From a technical perspective, strong support is seen at $177.5 for the day, with further support at $174 (target for daily breakdown) and $170 (weekly support). On-chain data shows that approximately 12.4 million SOL are accumulated around $171; breaking this level may trigger panic selling pressure.

In terms of resistance levels, a rebound must first stabilize above $185 (1-hour bullish signal), then look for $190 (psychological level), and if it breaks through $195-$198, bullish space opens up; if it breaks $198, it confirms an ascending triangle with a target of $205-$214.

In terms of strategy, aggressive bulls can try to enter long positions at $182.12 with light volume, setting a stop loss at $179; more cautious traders should wait for a bottom model on the 1-hour/4-hour chart (like a double bottom) or wait for stabilization above $186 before entering long. Bears can short when pressured at $188, targeting $180-$175, with a stop loss above $191.

On-chain risks: short-term holders have not realized profits at 0.093, close to pre-May pullback levels, creating significant pressure for profit-taking; long-term holders have been continuously reducing their holdings, weakening support.

Brother Long's strategy today: go long around $179.30-$181.70, targeting $185.55-$188.20. Reminder, the market is volatile, and risks must be managed by yourself! #SOL