CEO Fuqi's Bold Statements: SOL Pinning at 195 is Like Giving Money Away! Set a 2% Stop Loss, Let’s Take Risks Together Tonight!

The bulls and bears are wrestling at the key level of 206.5. Whether SOL can hold its ground today depends entirely on whether there is enough volume to unleash a big move!

SOL is currently reported at 205.91, oscillating closely below the key level of 206.5, with the Bollinger Bands continuing to contract (Upper Band 209.66/Lower Band 201.14), and the middle band at 205.40 forming the intraday equilibrium point. Although the MACD double lines are above the zero axis (DIF: 1.78, DEA: 2.48), the histogram value has turned negative (-1.39), indicating a clear decline in momentum. In terms of volume, the latest trading volume is 1.26 million, shrinking compared to the average, and the market's sentiment is heavily on the sidelines.

Today, there is indeed a hot new meme project pre-sale in the Solana ecosystem, driving a short-term spike in on-chain gas fees, which usually brings buying support to SOL. However, Bitcoin is still fluctuating within a range, and SOL lacks independent breakthrough momentum, requiring attention to the changes in the overall market direction.

It is expected to continue oscillating within the range of 201-210 throughout the day. If it breaks down through the support of 201 with increased volume, it may quickly test 198 (referencing the breakout case after the Bollinger Bands contracted at the end of July); conversely, if it breaks through 206.5 with volume and stabilizes above the upper band of 209.6, it may test the previous high of 213.66.

In terms of operations, avoid chasing highs and cutting losses—bulls can wait to accumulate in batches around the 201-203 area, while bears need to observe if the breakout at 206.5 fails along with a MACD death cross signal (DEA crossing below DIF). The recent frequent pinning indicates that stop-loss protections must be set for positions.

Tonight's U.S. stock market opening may become a catalyst for a trend change! Will SOL gather strength to break previous highs or will it pull back to test support? Leave your opinions in the comments section, and let’s witness today’s decisive moments! #机构筹资布局SOL $SOL