The price of SOL is currently between the middle and upper bands of the Bollinger Bands. After climbing to a high level of 216 along the upper band, it has slightly retraced. In the short term, it may test the middle band to confirm support. If it holds the 208–210 range, there is still potential for further upward movement.
From a technical perspective, the RSI indicator is above 60, indicating a bullish zone and has not yet entered the overbought range, suggesting that there is still short-term upward momentum but caution is needed for profit-taking. The KDJ indicator is close to the 80 overbought threshold, with the three lines turning downward, indicating a need for a short-term correction. The MACD indicator has shown a bearish cross, and the increasing green momentum bars indicate a decrease in upward momentum, similarly reminding to be cautious of subsequent corrections.
Operational suggestions:
In the short term, it is advisable to accumulate long positions at dips within the 208–210 range, with a stop-loss reference at 200.$SOL #机构筹资布局SOL