Today's Technical Analysis

Trend and support

  • The current price of SOL is fluctuating in the range of 168-171, and the short-term price shows a fluctuating consolidation trend.

  • Support level: The price has touched the 168 area many times and received support, which provides strong support for the current price.

  • Pressure level: In the short term, the upper pressure is mainly concentrated in the 173-175 area. If these areas are broken, further increases may occur.

Moving average analysis

  • The MA7 and MA30 moving averages slightly crossed and converged, indicating that the market's long and short forces are still relatively balanced.

  • MA100 is still rising and providing support for the price. If the price breaks out of this range and stabilizes, there may be further room for upward movement.

MACD与RSI

  • MACD: The current DIF line is slightly weak, and the DEA line is hovering near the 0 axis, indicating that there may be small fluctuations in the short term, but there is no obvious signal of large volume, and there may not be significant trend changes for the time being.

  • RSI: The RSI indicator is near 50, indicating that the market has no obvious overbought or oversold signals and is in a balanced state.

Today's operation suggestions

Long operation suggestions:

  • If the price holds the 171 support and shows a stabilization signal, you can try to go long.

  • Entry point: 169-171

  • First target: 173

  • Second target: 175

  • Stop loss setting: 166

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