Is the last countdown before SOL's explosive rise? Is 207 dollars a trap or a pie? Experienced traders are quietly positioning while retail investors are still hesitating…
Staring at the market, my palms are sweating—SOL/USDT perpetual contract price is firmly stuck at 207 dollars, both bulls and bears are frantically battling at this level! This is not a coincidence; it's a key price point! The short-term direction is about to be chosen!
Technical analysis: A pullback is not a bad thing!
Look at this candlestick chart, SOL is currently forming a triangular flag pattern—simply put, the price is squeezed into an increasingly narrow space, like a spring being compressed, accumulating energy!
Current price: 207.48 dollars
Support level: 205 dollars
Short-term resistance: 212 dollars
Why is a pullback of 2 dollars to 205 a good thing?
Because only by confirming the support through a pullback and washing out those indecisive retail investors can the main force acquire cheaper chips to prepare for the next wave of rise! This is called “washing the盘吸筹,” and experienced traders understand it well!
Market language reveals the main force's intentions!
Carefully observe the orders:
Sell orders are piling up around 207.50
Buy orders are quietly positioned in the 206-205 range
Also!Net capital outflow of 83.03 million dollars—it seems bearish, but smart people know this is the main force trying to scare off retail investors, creating panic, making you feel like "it's over, it’s going to drop"! In reality, they are waiting with buy orders at low prices to take your goods!
If you currently hold SOL, don’t panic!
If it pulls back to the 205-206 range, you can gradually add to your position.
If it breaks through 212 dollars with volume, decisively chase the rise.
Stop-loss level: Consider stopping loss if it falls below 203 dollars.
What the main force fears most is retail investors uniting + holding on to their goods! If you panic, they win; if you stay calm, they get anxious!
What if BTC suddenly crashes, or there's negative news, and 205 can't hold? What if the main force changes their mind suddenly and sells off? I will remind you of these details and responses in real-time tomorrow in the 实潘村!
Follow me, don’t get lost!