Today I must talk to you about something real! SOL has been quiet these past two days, but behind the scenes, there are actually two big moves brewing: one is the platform spending money on incentives, and the other is a technical direction choice. If things go well, it could lead to a small breakout!
News:
Yesterday, the perpetual contract platform Pacifica on the Solana chain made a big move: starting this week, every Thursday at 0:00, the weekly points distribution will be maximized to 10 million! What does that mean? The platform currently has 27,000 active users and a weekly trading volume of over 5 billion. Previously, to earn 1 point, you had to trade $250, but now it has doubled to $500! The platform is clearly throwing money to attract users to earn more points, so trading will definitely increase, and the liquidity on the Solana chain and the demand for SOL will surely rise. With all this activity on the chain, how can SOL not benefit from it?
Technical Analysis:
Currently, SOL is priced at 186 USD, and there are some small secrets hidden in the hourly chart. The upper resistance at 200 is strong, but there is a 'rebound resistance' at 192; if this line is broken, it can rush to the 200-205 range! The key support below is at 185.21, and if it breaks below, we need to look down to 175. The right-side order book shows that buy and sell orders are quite balanced, with no significant selling pressure.
Let's just say, with these two pieces of news combined: the platform is spending money to activate on-chain transactions, and the technical analysis has reached a rebound window, SOL is very likely to make a move in the short term. But remember, don't chase the highs! If it pulls back to around 185, try a small position; wait for a breakout above 192 to add to your position.
Finally, let me say something heartfelt: right now, SOL is like an athlete crouching at the starting line, the platform's incentives are the starting gun, and a technical breakout is the starting signal. Don't panic or be greedy, just follow the rhythm, this wave of small profits is guaranteed!
Now SOL is stuck at 186, do you think it can directly rush to 200, or will it pull back to 185 first to gather strength? Report your position in the comments, and let's keep an eye on the market together when it opens tomorrow!
