♠️ SOL/USDT 24-hour market analysis: Breaking upward, bulls have the upper hand ♠️
Dear SOL players, this 24-hour market is exciting, let us savor it carefully!
🃏 Market Overview:
• Low: about 126 USDT
• High: about 130 USDT
• Current: around 129.5 USDT, showing a strong upward trend
♣️ Long Strategy:
1. Entry: 128.5 - 129.5 USDT
• Reason: Currently in an upward channel and may continue to rise
2. Target:
• Conservative: 131 USDT (+1.2% to +1.9%)
• Intermediate: 132 USDT (+1.9% to +2.7%)
• Aggressive: 133 USDT (+2.7% to +3.5%)
3. Stop loss: 127.5 USDT (-0.8% to -1.5%)
• Falling below this level may mean that the upward trend is broken, stop loss in time
♥️ Short Strategy:
1. Entry: 130.5 - 131.5 USDT
• Reason: Close to the previous high, may encounter resistance and pullback
2. Target:
• Conservative: 129 USDT (-1.1% to -1.9%)
• Intermediate: 128 USDT (-1.9% to -2.7%)
• Aggressive: 127 USDT (-2.7% to -3.4%)
3. Stop loss: 132.5 USDT (+0.8% to +1.5%)
• Breaking through this level indicates strong upward momentum, stop loss decisively
♦️ Risk warning:
• The risk of a single transaction is controlled at 1-2%
• Set a moving stop loss to protect existing profits
• Pay attention to the trend of BTC, which has a huge impact on the entire crypto market
🃏 Advanced experts:
• Consider grid trading in the 127-131 USDT range to grasp the volatile market
• Pay attention to the SOL/BTC trading pair and look for opportunities of relative strength and weakness
As a mainstream currency, SOL has relatively small fluctuations, but it still needs to be operated with caution. Dear players, what do you think of the future of SOL? Will it continue to strengthen or will there be a pullback? Welcome to share your unique insights in the comment area!