Currently, SOL is like a tightly stretched spring, bouncing back and forth in the small space between 148 and 153. The price is now around $152.80, approaching the upper limit, but has not broken through yet. The overall market sentiment is 'wait and see + test', with both bulls and bears waiting for the next decisive large bullish or bearish candle. Understanding the current situation through three indicators:
1. Bollinger Bands: Volatility contraction = the eve of an outbreak
The three lines of the Bollinger Bands are converging, and the market is narrowing.
It's like the tide retreating, which means 'either a rise or a significant drop,' but it won't stay quiet.
The current price is near the upper Bollinger band (above 149), indicating a bullish market, but it hasn't broken through yet.
2. MACD: Rising momentum is 'braking'
The red bars are getting smaller, like the brake lights of a car turning on, indicating that momentum is weakening.
Although there is no death cross, if it doesn't accelerate upward, it may turn downward.
3. KDJ: Too hot, needs to cool down
K and D are above 80, and J has already turned down—this is an 'overbought' signal.
This means: there may be a small pullback to cool down in the short term, just like an overheated engine needs to cool off.
Operating strategy: Conduct guerrilla warfare around the spring box
Buying low to go long:
If SOL can retrace to 149~150 without breaking, it would be a great 'line bounce' opportunity.
Set a stop loss below 147.5; once it breaks, do not linger.
The initial target is 153.5, and if it breaks through 160, then look for 165.
Shorting at high positions:
If the price approaches 153~155 but does not break through, consider lightly shorting.
The target is to retrace near 150, with a stop loss set above 156.2, aiming for a 'failed breakout'. #sol板块 $SOL