1. Stand firm at 174.3, the pullback ends and the uptrend begins

Focus on the key price level of 174.3 for SOL tonight. When the 1-2 hour K-line effectively stabilizes at this position, it can confirm the end of the small-scale pullback trend, and bullish momentum will gather again, driving the price to continue the upward trend. In the subsequent upward process, keep a close eye on the following resistance levels:

- First resistance level 177.6: This is the upper boundary of the previous oscillation range, where trapped positions and profit-taking positions concentrate, easily forming strong resistance;

- Second resistance level 180.3: Corresponds to the key trend line pressure at the daily level, breaking through requires significant volume support;

- Third resistance level 186.8: Important integer level overlapping with historical high. If successfully broken, it is expected to open a new round of upward space.

Trading strategy: Use 174.3 as support. After confirming stabilization with a 1-2 hour closing, one can gradually enter long positions, controlling the initial position at 20%. For every breakthrough of a resistance level, reduce the position by 15% to lock in profits; set the stop loss below 174.3 (e.g., 172.3) to guard against trend reversal risks.

2. If it falls below 174.3, the pullback continues with a bearish dominance

If the 1-2 hour K-line fails to close above 174.3 tonight, it indicates that bearish strength is dominant, and the trend will continue to pull back. The key support levels below are distributed as follows:

- First support level 168.8: Corresponds to the dense area of short-term moving averages, a preliminary area for buying support;

- Second support level 164.5: Lower boundary of the previous oscillation range. Once it breaks, it may trigger panic selling;

- Third support level 161.3: Strong psychological level and historical strong support level, it is the last barrier for the bulls.

Trading strategy: When the price continues to struggle to stay above 174.3, one can enter short positions lightly upon confirming resistance during a rebound, with an initial position of 15%. For every support level touched, reduce the position by 10% to take profits; set the stop loss above 174.3 (e.g., 176.3) to avoid false breakout risks.

3. Risk control key points

1. Position management: Single trade position should not exceed 30%, total holding controlled within 50%, to diversify holding risks;

2. Stop loss execution: Strictly set stop losses floating according to key levels, eliminating the mentality of holding losses;

3. Dynamic monitoring: Closely monitor changes in trading volume, K-line patterns, and market news. If there are divergence signals or sudden fluctuations, adjust trading strategies in a timely manner.

4. Summary

Tonight's key for SOL movement lies in the long-short contest at the 174.3 level. If the 1-2 hour closing stabilizes at this position, the bulls will initiate an upward trend, challenging the three resistance levels above; if it fails to stabilize, the bears will continue the pullback, and the three support levels below will be tested sequentially. Investors need to closely monitor the effectiveness of the key level breakouts, strictly execute position and stop loss plans, and flexibly respond to market changes to avoid risks from nighttime volatility.$SOL #SOL走势