$SOL
Good evening, everyone! Let's analyze the evening market of SOL. At present, the price of SOL is in a rather awkward position. Whether it is long or short, it is not an ideal time now.
If you plan to go long, the current price is still some distance away from the support level below; similarly, if you plan to go short, there is also a certain distance from the resistance level above. In general, the current stop loss range is too large, which does not conform to our trading principle of "small wins big". Therefore, we now need to wait patiently for better opportunities. We should wait for the price to approach the resistance level before considering shorting, or consider going long when it approaches the support level, and strictly control the stop loss.
The current resistance and support levels of SOL are as follows:
Upper resistance level: $155, $162 Lower support level: $150, $145
It is particularly important to note that:
Once the price falls below $145, investors holding long orders should consider leaving the market. This position is the bullish trend line of the symmetrical triangle. If it falls below, it may indicate a deeper correction.
Therefore, everyone needs to be patient now and wait for more favorable trading opportunities to appear.