1. Key position analysis
Currently, SOL is in a small range of fluctuations, need to focus on the following bullish and bearish dividing points:
1. Support level ladder:
- Short-term strength and weakness line: 145.2, stabilizing above this position for 1-2 hours, small-level rebound trend is expected to initiate, targeting the upper bound of the consolidation area at 147.3.
- Bottom of the consolidation area: If it falls below 145.2, look for 142.4 (bottom of the consolidation area), if it does not break, it may maintain a fluctuating rebound; breaking below opens up downward space, and sequentially pay attention to 140.2 (integer support), 138 (near previous low), 135.6 (strong support zone at daily line level).
2. Pressure level ladder:
- The top of the consolidation area at 147.3 is a short-term resistance, after breaking through, the upper pressure levels are sequentially 148.9 (previous high), 151.3 (Fibonacci 61.8% retracement), 154 (daily line trend line resistance).
2. Different trading strategies under different trends
1. Stabilizing above 145.2, rebounding to test 147.3
- Signal characteristics: Closing above 145.2 for 1-2 hours, accompanied by increased volume, appears to signal a stop to the decline (e.g., bullish engulfing).
- Strategy suggestion:
- Short-term long position: Lightly long near 145.2, stop loss at 144.0, target 147.3, can hold positions to look for 148.9 after breaking through.
- Risk reminder: If rebounding to 147.3 meets resistance and falls back, can take profit on part of the position to guard against false breakouts.
2. Break above 147.3 to bet on upward space
- Signal characteristics: Increased volume breaking 147.3 (volume increased by more than 20% compared to the previous day), hourly line continues to rise.
- Strategy suggestion:
- Aggressive follow-up long: Follow up with long positions after breaking through, stop loss at 146.5, target 148.9, look for 151.3 after breaking down.
- Medium-term thinking: If stabilizing above 147.3 and the retracement does not break, can stagger the layout, aiming for the 154 resistance level.
3. Falling below 145.2, testing 142.4 support
- Signal characteristics: Continuous bearish candlesticks breaking below 145.2, increased volume, presenting a weak downward pattern.
- Strategy suggestion:
- Short-term short position: Lightly short near 145.0, stop loss at 146.0, target 142.4, look for 140.2 after breaking down.
- Wait-and-see opportunity: If it falls to around 142.4 and forms a volume-reduced cross star, wait for a rebound signal before deciding whether to increase the position or reverse.
4. Break below 142.4, continue the downward trend
- Signal characteristics: Effectively breaking below 142.4 (closing below for 2 consecutive hourly lines), price rapidly tests lower.
- Strategy suggestion:
- Trend-following short: Increase short position when rebounding near 143.0, stop loss at 144.0, target at 138.0, look for 135.6 after breaking down.
- Bottom fishing reminder: Wait for price stabilization (e.g., appearance of bottom divergence or increased volume long candlestick), avoid blindly entering during a downward continuation.
3. Operational precautions
1. Position control: Suggested position not to exceed 20% within the range, can be increased to 25% for breakout trades, but must have a stop loss (e.g., 1.5%-2% volatility space).
2. Cycle correlation: Refer to the trend direction of the 4-hour line, small time frame (1-2 hour) trading needs to combine the larger cycle (daily line) to judge strength and weakness, avoid counter-trend operations.
3. Market correlation: As a mainstream altcoin, SOL's trend is easily influenced by Bitcoin (BTC) and Ethereum (ETH), so attention should be paid to the key position breakout of leading cryptocurrencies.
4. Time node: Focus on the US stock market opening period (after 21:30) and the liquidity changes from 2 AM to 4 AM, avoid heavy trading during extreme volatility.
4. Summary
The short-term trend of SOL depends on the breakout of the range between 145.2 and 142.4: Stabilizing above 145.2 may challenge the 147.3 resistance, while breaking below 142.4 may continue the adjustment. Traders can adopt the strategy of 'buying low at support and selling high at resistance', while reserving some position to respond to sudden breakouts, always prioritizing risk control to avoid emotional trading.$SOL #SOL走势