Let's take a look at the situation of $SOL .
Since the beginning of April, Solana has shown considerable growth, rising from just over $100 to a peak of around $186.
Recently, Solana has exhibited a box range fluctuation pattern, with high resistance around $184-186. When the price approaches this range, short positions could be considered, with expected profits around 8%-12%.
Solana's volatility is much greater than that of Bitcoin, but the overall trend still follows Bitcoin.
Currently, Solana's top resistance area is quite clear, at around $186. The bottom support levels of the box range have two key price points: one is the 0.786 Fibonacci retracement level, around $161; the other is $165, which the price has touched multiple times but failed to break below, with a price difference of about 3% between the two. You may consider gradually reducing long positions within this range.
Click to enter >> 币安王牌KOL专属群(王不爱)