#sol
Based on the current SOL technical analysis, the following operational strategies are provided:
📈 Current price: $205.93, 24-hour increase of 11.97%
🎯 Bullish strategy:
Super trend indicator continues to show bullish signals, price is running above 197.66
RSI is at 72, in a strong range but not excessively overbought
MACD golden cross upwards, strong momentum
⚡ Specific operations:
1. Buy on pullback: Buy on dips in the $203-205 range
2. Stop-loss setting: Stop-loss below $197
3. Target price: Short-term target of $210-215, mid-term target of $220
📊 Risk warning:
MFI indicator dropped from 85 to 63, fund inflow is slowing
Close to the upper Bollinger Band at 211.84, be mindful of pullback risks
It is recommended to build positions in batches, controlling the position at 30-50%
🔥 Market catalyst: VanEck submits the first JitoSOL-backed spot Solana ETF application, strong expectations for continued institutional fund inflow!
