Today's SOL Strategy

Long Position: Buy around 201 for initial position, add at 175

Short Position: Initial position near 212. Add at 217. Take profit on gains, add positions on pullbacks, final take profit around 230

Analysis: From the hourly chart, the current trend is fluctuating upwards, the Bollinger Bands are opening downwards, and the three lines are heading downwards, corresponding to prices 208.4--204.4--200.4, with the market situated between the middle and lower bands. A break below the lower band will turn into fluctuating upwards.

The MA indicator shows that the short-term moving average has crossed below the long-term moving average from above, MA5 has already turned downwards and formed a death cross with MA10, the market is below MA10, and if it breaks below the support level of 200, it will continue to decline.

The MACD indicator is below the zero axis, with three waves down, but the two lines are about to form a parallel state, and the bearish energy bars have weakened, indicating a move into sideways consolidation.

The RSI indicator is in a normal trading phase, with the two lines crossing downwards, leading to a market decline.

Conclusion: During the fluctuating downward phase, testing the support level below; if the support level holds, the market will turn upwards.

Upper resistance: 205.5, 212. 217

Lower support: 201, 195, 175