Xu Xu Baby says Coin 8.8 Evening SOL Market: In a Shrinking Volatility, the Game of Support and Resistance Hides Secrets

SOL is currently caught in a consolidation phase, with the most noticeable signal being the significant reduction in trading volume—this resembles the calm before a storm, where both bulls and bears have temporarily entered a state of "watching and confronting," thus clearly suppressing the upward space and making it difficult to see significant moves in the short term.

Key Level Breakdown

- Resistance Level: 180 Line

This level is not only the "ceiling" that has encountered resistance multiple times recently but also resembles a hurdle in market sentiment. If the price attempts to attack 180 again, but still closes with a long upper shadow, and the trading volume fails to keep up, or even shows consecutive small bearish candles indicating stagnation, it suggests that the bears are firmly defending this level, making the structural shorting opportunity worth noting. Once it is confirmed to be under pressure, the first target below can be aimed at around 164—this is both the lower edge of the previous consolidation range and a balance point of short-term bullish and bearish forces.

- Support Level: 164-160 Range

164 is not only the above-mentioned shorting target but also the "floor" of the current consolidation. The previous two pullbacks to this level both showed clear signs of stopping the decline (such as short lower shadows and volume stabilization), indicating that the bulls have a strong buying force here. If the price really falls back to this range, it is crucial to observe whether the 160 level can be held—this is the "lifeline" of the consolidation range; holding it would mean the continuation of the consolidation pattern, while losing it could open up deeper retracement space.

Operational Thoughts

If there are clear signals of pressure around 180, a light short position can be attempted, with a stop loss set above 185 (if the resistance level is broken, the structure becomes invalid), targeting the 164-160 range first.

If the price pulls back to stabilize in the 164-160 range, and trading volume starts to increase moderately, consider taking a short-term long position to play for a rebound in the consolidation.

In the current low-volume market, it is not advisable to chase after price increases or decreases; it is more prudent to patiently wait for clear signals at key levels. #sol #特朗普允许401(k)投资加密货币 #ETH巨鲸增持 #美国加征关税 #美联储比特币储备