SOL Strategy on 8/29:
On one hand, the MA bullish arrangement and golden cross signal indicate a positive trend, and the price is maintained above both short-term and long-term moving averages, with increased momentum. However, the extreme contraction in trading volume has created a clear price-volume divergence, indicating that the current rise lacks healthy support. Additionally, the bearish engulfing pattern appearing near the strong resistance level of 217.95, along with the RSI being in an overbought state, further strengthens the possibility of a short-term pullback.
Operational Advice:
214±2🈳, target at your discretion, strict defense!
For reference only, please refer to the stone plate for specifics!
