Brothers, today Chen Ge will take everyone to analyze the latest trend and trading ideas of SOL in depth.

Currently, SOL is around $184, it surged to $190 during the day but then fell back, down 1.84% in the last 24 hours, and trading volume has decreased, indicating weak bullish momentum. The resistance is hard to break: $196-$200 is a psychological barrier + short liquidation point, $209-$212 is the August high + moving average pressure. Support is seen at $173-$175, and falling below $165-$171 may trigger algorithmic sell-offs.

The technical outlook is not optimistic either: the 4-hour MACD green bars are ongoing, KDJ has a death cross (32), RSI (45) is neutral but slightly weak, and the bearish momentum is not yet exhausted. If the daily line fails to break above $195, it may form a "double top", with a potential drop to $165. During the rebound, the price-volume divergence indicates that it can't rise.

Negative factors are also quite real: a giant whale unstaked nearly 100,000 SOL (about $17.83 million) and transferred it to Binance, suggesting a potential sell-off; SOL spot ETFs are still flowing out, with $13 million flowing out on August 20. Retail investors are also panicking, with the fear and greed index dropping to 44, and contract shorts accounting for 65%. Near $180, there is a liquidation zone, and a rebound may trigger short cover. Additionally, Base is grabbing users, putting pressure on the Solana ecosystem.

Finally, let's talk about Chen Ge's trading ideas: short around $184.5-$185.1, with the first target at $181.4, and if it breaks down, look for $177.5. Please set your stop loss properly, trade lightly, and don't be careless #solana .