$SOL Today's Trend and Trading Strategy
Current Market
- Price: $167.03 (24-hour decline 3.93%)
- Key Levels:
- Support: $164.01 (24h low) → $158.01 (MA25)
- Resistance: $173.06 (MA7) → $174.21 (24h high)
- Technical Signals:
- RSI(6) 48.34 (neutral to weak, no oversold yet)
- Price breaking below MA7 ($173.06), short-term trend turns weak
Trading Suggestions
1. Short-term (Intraday):
- Short: Short lightly on a rebound to $170-$173 (near MA7), stop loss at $175, target $164→$158.
- Long: If it stabilizes above $164 and rebounds on volume, consider going long, stop loss at $160, target $173→$174.
2. Medium to Long-term:
- Pay attention to the $158 (MA25) support, after it stabilizes, consider accumulating spot positions in batches, target $180+.
Risk Warning
- If it breaks below $158, it may test $146 (MA99), caution required for accelerated decline.
- Recent SOL ecosystem dynamics (e.g., staking, project updates) may affect volatility.
Summary: SOL is under short-term pressure, MA7 is a significant resistance, if the rebound is weak, prioritize short positions; if it breaks above $173 on volume, consider a bullish approach. Strict stop loss at 3%-5%!