Technical Analysis and Trading Strategy for SOL Market on August 24th Morning

1. Technical Analysis

• Daily Level: Prices continue to operate within an ascending channel, with standard bullish alignment of moving averages across all timeframes. The medium to long-term upward trend structure is complete, and the bullish dominant pattern has not changed.

• 4-Hour Level: The Relative Strength Index (RSI) is in the mid-high range, with initial signs of short-term overbought conditions, indicating a need for a pullback to key support to confirm the trend; the MACD indicator's red bars continue to shorten, suggesting a marginal slowdown in bullish momentum, and the short-term market is likely entering a consolidation phase.

2. Key Levels and Trading Strategy

(A) Support Level Strategy (198-200 Range)

• Operational Logic: If the price pulls back to the 198-200 range and shows stabilization signals (such as bullish engulfing, bottom divergence, etc.), a phased long position strategy can be adopted.

• Target Levels: First target is aimed at the 210 level, and the second target is aimed at the 215 level.

• Risk Control: Set the stop-loss below the 195 level to avoid downward risk after breaking support.

(B) Resistance Level Strategy (215-220 Range)

• Operational Logic: If the price touches the 215-220 range and falls under pressure (such as bearish engulfing, top divergence, etc.), a light short position can be attempted.

• Target Levels: First target is aimed down at the 208 level, and the second target is aimed down at the 202 level.

• Risk Control: Set the stop-loss above the 222 level to prevent a trend continuation after the price breaks through the resistance level.

3. Strategy Summary

Currently, the overall SOL maintains a bullish trend, primarily focusing on short-term consolidation. It is recommended to follow the principle of "mainly low buying and supplementary high selling" in operations, and all trades must strictly implement stop-loss discipline to avoid risk control issues due to emotional fluctuations. Traders who are confused about trend judgments can continuously follow the daily updated strategy analysis for real-time directional guidance. #亚洲家族办公室加密资产配置