$SOL 5.28 Today's Market Depth Analysis and Trading Strategy!! 🔥🔥🚀
Current SOL trend: The price level 175 has become the core dividing line for bulls and bears. Based on technical cycle analysis, if the price can effectively stabilize above 175 on the 4-hour chart, it will confirm the end of this minor level pullback and lay the foundation for the subsequent upward trend. Once a breakout occurs, the upper levels of 179, 182, and 185 will successively constitute resistance zones, becoming important hurdles that the bulls need to overcome.
Conversely, if the price fails to break through the 175 resistance throughout the day, it indicates insufficient short-term rebound momentum, and the market may continue its weak adjustment. At this point, the lower support levels of 172, 169, and 164 will face testing, and if these support levels are lost, it could trigger a new round of downward movement.
Summary: 175 is the key anchor point for judging the short-term trend of SOL. If it stabilizes above on the 4-hour chart, look for bullish signals and pay attention to the upper resistance levels; if it cannot break through, look for bearish signals and be cautious of support level risks below. It is recommended that everyone closely track the price breakout at this level, reasonably adjust positions and trading strategies to respond to market fluctuations.
