$SOL
Good morning everyone, it is now August 20th, 10:00 AM (Beijing time). The real-time trading range for SOL is $179.5. On the policy front, the SEC has postponed the nodes related to Solana ETFs to October, and in the short term, 'no landing, no expectations', with fluctuations driven more by technology and capital. On the technical side, RSI≈52 is neutral, MACD is slightly bearish, and ADX≈20 to 23 represents a general trend strength — not an acceleration phase, more like range trading. On the derivatives side, the funding rate is slightly positive, with bulls paying a small fee to hold positions, and sentiment is moderate. How to define key levels? Support is seen at $176 to $177 (if lost, it turns weak, possibly retesting $172 to $173); strong support is the lower edge of $180 leaning bullish. Resistance is first looked at $184 to $185, then at $188 to $190; only if combined with increased volume, will there be an opportunity to return to the upper edge of $195 to $200 in trading.
Strategy recommendations:
1. Range buying low and selling high: buy in batches at $177 to $178, stop loss below $176, target $184 / $188, reduce positions and take profits when reached;
2. Follow the breakout: chase after breaking above $185 with increased volume, add if it retests without breaking; looking at $190 to $195;
3. Risk hedging: if it breaks below $176 on an hourly level with increased volume, pause the bullish outlook and wait for the $172 to $173 second confirmation. In short: before the event's shoe drops, take a winning rate with a range strategy; if above $185, discuss trends, if below $176, discuss defense.”
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