Recently, $SOL has been stuck around 180 dollars, with neither bulls nor bears gaining the upper hand.
After quickly dropping from a peak above 210 dollars, the 180 dollar position is now a "turnover period"—some are selling, some are buying, but no trend has formed.
Key levels: The support below is at 178-176 dollars; a break below could lead to 172-170 dollars. The pressure above is heavy at 185-188 dollars, and it has failed to break through after several attempts. At this point, the strategy can be to "sell high and buy low": buy around 178-176 dollars, aiming for 183-185 dollars; when it reaches 185-188 dollars, sell, or try a small short position.
However, be cautious, as sideways markets are prone to "false breakouts"—you might get caught in just as you chase in, so don’t be greedy; take some profit and leave. Keep your position light; don’t go all in.
Still unsure how to operate in this market? Follow my strategy, but the execution depends on you! There are only so many positions; those who act quickly will benefit, while those who hesitate will lose out!
