8.22 Morning Sol (SOL) Trading Thoughts

Currently, Sol is in a 1-2 hour level pullback cycle. The 185 level should be the core observation anchor point during the night. The subsequent market direction will revolve around the gains and losses of this point:

- If it can stabilize above 185: It indicates that the short-term minor pullback has ended, and the market is likely to restart the upward rhythm. The upper levels to watch are the resistance levels around 190, 193, and 195, and caution should be taken regarding momentum weakening signals near these resistance levels.

- If it continues to stay below 185: It indicates insufficient short-term upward momentum, and the pullback trend may continue. The market may test the support again, and the strength of the support around 178 and 176 needs to be closely monitored. If the support is broken, adjustments to the short-term trend judgment will be necessary. $SOL #加密市场回调