📊 August 27 SOL Morning Market Analysis

SOL has shown strong upward momentum today, breaking through the previous resistance level of 190 and approaching the range of 196—200. The short-term bullish momentum is sufficient, but as it nears the key level of 200, one should be wary of the risk of a pullback. The overall trend remains strong.

Key Technical Levels

Resistance Levels: 200 / 205 / 210

Support Levels: 190 / 185 / 178

Personal Trading Suggestions

Follow the Trend Long: Current price 195.61, if it can stabilize in the range of 193—190, consider light long positions with a target of 200—205, and a strong extension target of 210, with a stop at 188.

High Position Short: If it quickly hits the resistance around 200—205, consider light short positions, targeting a pullback to 193—190, with a stop set above 207.

Range Strategy

➡️ Short-term Range: 190—205, focusing on high selling and low buying.

➡️ An effective breakthrough above 210 will further open up upward space; if it falls below 190, it will return to the consolidation range.

Summary

📌 The current trend is still bullish, with a focus on whether the resistance zone of 200—205 can be broken.

Maintain light positions in contract trading, entering and exiting quickly, primarily following the trend, and avoid blindly chasing positions at key levels. Friends who do not understand the trend direction can follow the daily shared directional strategies from our instructors for more insights! #sol #solana #BTC #ETH #bnb