# SOL Long and Short Strategy Analysis |

## 📌 Key Position

- Strong Support: **$232 - $235** (Key daily level support, breaking below may lead to a drop to $221 - $222)

- Strong Resistance: **$250 - $253** (Important psychological and technical resistance level, breaking above could lead to $265)

## 🟢 Long Strategy

- Aggressive Long: If the price retraces to the $235 - $238 support range and shows signs of stabilization (such as a pin bar or bullish engulfing), a small long position can be attempted. **Stop Loss** is set below $232, **Target** is $250 - $253.

- Steady Long: If the price successfully breaks through and holds above the $253 resistance level, consideration can be given to adding to the long position. **Stop Loss** is set below $248, **Target** is $265.

## 🔴 Short Strategy

- Aggressive short position: If the price rebounds to the resistance range of $250 - $253 and shows signs of stagnation (such as upper shadows, bearish engulfing), consider light shorting. **Stop loss** set above $255, **target** looking down to $242 - $238.

- Conservative short position: If the price **effectively breaks below the support at $232**, consider shorting. **Stop loss** set above $235, **target** looking down to $225 - $222.

## ⚠️ Key Notes

1. Focus on changes in open interest: Recent data shows that the selling activity of long-term holders (LTH) is at a six-month high, which may put short-term pressure on prices. At the same time, Solana's SOPR (Spent Output Profit Ratio) is above 1.06, indicating that unrealized profits are high, which may increase the risk of recent sell-offs.

2. Pay attention to market sentiment and narratives: The institutions' focus on holding SOL treasury assets and expectations for a Solana spot ETF may continue to provide support in the medium term. However, it is important to note that there is uncertainty about whether these positives can be realized.

3. Be aware of volatility risks: The cryptocurrency market is highly volatile, so be sure to **operate with light positions**, **set stop losses strictly**, and pay attention to the impact of Bitcoin's market trend on SOL.

## 📊 Win Rate Assessment

- Long win rate: Entering after stabilizing at key support levels (such as $235), the short-term win rate is relatively high; breaking $253 may enhance momentum.

- Short win rate: Entering near resistance levels (such as $250) and open interest shows selling pressure, the short-term win rate should not be underestimated.

Please note: The above analysis is only a technical analysis based on the current market situation and is for reference only. The market is changing rapidly, so please be sure to combine it with real-time market conditions and manage risk!

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Disclaimer: The above content does not constitute any investment advice. Investing carries risks; proceed with caution.