10.25 Discussion on SOL:
Currently, SOL is caught in intense competition near 190, and the short-term trend direction largely depends on the breakthroughs and defensive situations of several key levels.
In the upward direction, the 195 to 200 range is widely recognized as a strong resistance zone in the market. If it can effectively break through and stabilize above 200 with significantly increased trading volume, it will release a strong bullish signal, and the upward space is expected to be thoroughly opened, with a subsequent focus on the target range of 210 to 223.
In the downward direction, risks need to be monitored in layers, starting with close attention to the support strength at 185. Once it breaks below, it is highly likely to trigger a short-term correction. The 170 to 175 range is the recent strong support area, regarded as the "lifeline" of the current upward trend, where dense buying is expected to enter for defense. If this range is lost, a deeper adjustment could be anticipated.
For operational reference, consider going long in the 193 to 191 range, with the first target at 195.5, and then observe the breakthrough situation at 198 after stabilization.
The above content is only for trend analysis and operational reference and does not constitute investment advice. The market is highly volatile, and rational decisions should be made based on individual circumstances. $BTC
