The crypto market continues to be pressured by sales, and the prices of Solana (SOL) and Ethereum (ETH) are testing key supports. Today we analyze the movements and what strategies you can consider to protect your capital.
🔹 Solana (SOL) #solana
Current price: ~$170
24h Change: -5.5%
Trend: bearish, with neutral RSI and MACD in weakness.
📍 Supports:
$171: critical level in the short term.
$165–$164: next floor if the current support breaks.
📍 Resistance:
$181–$182: immediate barrier that must be overcome to regain strength.
✅ Suggested strategy:
For long positions, place stop loss below $171.
Wait for bounce signals before buying.
If the price closes below $170, consider possible shorts with caution.
🔹 Ethereum (ETH) #Ethereum
Current price: ~$3,710
24h Change: -3.9%
Trend: bearish, but with strong institutional support.
📍 Supports:
$3,678–$3,692: key zone to watch.
$3,620–$3,521: next support if the decline continues.
📍 Resistance:
$3,835–$3,940, with a strong psychological level at $3,900–$4,000.
✅ Suggested strategy:
Stop loss below $3,678 if you are long.
If it breaks $3,900–$4,000 with volume, it could rise towards $4,200–$4,300.
If it breaks supports, consider reducing exposure or looking for shorts.
🧠 Conclusion and trading tips
Always use stop loss to protect your capital.
Check multiple time frames before deciding on entries or exits.
The current level is decisive: it can be a bounce point or the start of new declines.
💬 What do you think?
Would you take advantage of these supports to buy or do you prefer to wait for confirmation? Leave it in the comments and let's share strategies. Also comment on what strategies you have used to mitigate losses in this decline. 🛡️