#sol #MLP
Based on the current SOL technical analysis, the following trading strategies are provided:
Current Price: $187.75 📊
Short-term Strategy (1-4 hours):
🔸 Support Level: $185.51 (Today's Low)
🔸 Resistance Level: $190.10 (Today's High)
🔸 RSI shows 58.87, in a neutral to strong area
Trading Suggestions:
✅ Long Opportunity: Consider light positions to go long when the price retraces to the $186-187 range
🎯 Target Price: $189.5-190.5
⛔ Stop Loss: Below $185
Medium-term Strategy (Daily):
📈 EMA12 (184.77) > EMA20 (182.67), short-term trend is upward
📊 Daily RSI 54.29, still has room for upward movement
🔥 Super Trend Indicator shows a continuous bullish signal
Risk Warning:
⚠️ 7-day decline -9.88%, need to pay attention to the key support at $185
⚠️ Recently, large investors have unstaked 98,291 SOL to Binance, there is selling pressure
Core Strategy: Buy on dips, strict stop-loss 🚀