Today I saw a fan send a picture of SOL, the market is hot, but many people are asking: Is SOL going to continue rising past 145 tonight, or will it pull back to 140 or even 133? Don't rush, Qi He will analyze the latest news and technical aspects for you, along with some practical trading methods, to help you navigate without getting lost! Remember to follow me after watching, Qi He will take you to new heights!

News:

NewGen Company just bought more than 13,000 SOL on November 28, and participated in a major project, making money for itself. This news is positive, as large institutions entering the market can often support SOL and prevent a significant drop. But remember, news is a 'catalyst', not a panacea; it must be viewed in conjunction with technical analysis.


Upward trend, but hidden risks.

SOL one-hour K-line is surging upwards, current price 139.93 USDT, overall it is rising, but the chart indicates 'overbought', meaning there are too many buyers, and it may be artificially high in the short term. Key price levels to remember: the upper resistance level of 145.00 is a strong barrier; if it can't break through, it is likely to fall; the lower critical level of 140.00 is the bottom line, if it breaks, watch for support at 135.00 or even 133.00. The MACD indicator is below the zero axis, but the white and yellow lines are about to golden cross, which is a good signal, indicating that the downward momentum is weakening, and a rebound may occur.


Qi He’s personal opinion: Tonight it may first surge high then fluctuate, 145 is the testing point.
SOL tonight's market is likely to be 'first rise then fall'. From a technical perspective, with the MACD golden cross trend and the upward inertia, it may short-term challenge the resistance level of 145, but the overbought signal poses risks; if it surges and the volume doesn't keep up, it may easily fall back. The news is positive, but the market has already partially digested it, it won't keep rising.

Tonight the market may first test 145, if the breakthrough fails, it will return to the critical level of 140; if it breaks below 140, the next stop looks at support at 133. The overall fluctuation range is between 140-145, the probability of unexpectedly breaking below 133 is small, unless there is significant bad news.

Remember, the more chaotic the news, the calmer you need to be! Want to understand policy trends at the first opportunity? Follow Qi He, tonight in [Qi He Practical Circle] teach you how to layout by leveraging the situation, players can also win easily!
#加密市场回调 $SOL