#sol
Based on the current SOL technical analysis, the following contract strategy suggestions are provided:
📈 Current Price: $203.10, 24-hour increase of 7.25%
🎯 Long Strategy:
Entry Point: Pullback to the $200-202 range
Stop Loss: $195 (EMA20 support level)
Target 1: $208 (daily resistance)
Target 2: $213 (previous high)
📊 Technical Signals:
RSI(68.1) shows strength but not overbought
MACD golden cross continues, momentum upward
Super Trend Indicator continues to show bullish signals
Volume increase confirms the breakout is valid
⚠️ Risk Control:
Position Suggestion: 3-5x leverage
Immediate stop loss if it falls below $194
Monitor changes in CME futures open interest
🔥 Market Catalysts:
Circle has minted an additional 250 million USDC
Multiple institutions have launched SOL-related products
Technical breakout of the key $200 resistance
Currently in an upward trend, it is recommended to focus on buying the dips! 🚀