$SOL If there is currently a gap
Long Position Suggestions
• Buy Point One: If the price retraces to the 190-192 range (close to the recent support level of 193.35) and the 15-minute RSI rises above 40, consider taking a light long position.
• Buy Point Two: If the price breaks through the 200 round number with an increase in trading volume, you may add to your position, targeting the 205-210 area.
• Suggested Stop Loss: Set below 188 (below the recent support level of 193.35) to control risk.
Short Position Suggestions
• Sell Point One: If the price encounters resistance in the 196-198 range (close to the resistance level of 193.35) and the 1-hour RSI breaks above 70 entering the overbought zone, consider attempting a short position.
• Sell Point Two: If the price breaks below 190 with an increase in trading volume, you may add to your short position, targeting the 185-180 area.
• Stop Loss: Suggested to set above 198 (above the recent high of 193.35)
Key Support and Resistance Levels.
• Support Level: 190-185 (on-chain data shows 165 as strong support)
• Resistance Level: 200, 205 (significant pressure near historical highs)
• Risk Warning: The current market is highly volatile, closely monitor on-chain data (such as 43% of holders are in a loss state) and changes in technical indicators.
• It is recommended to build positions in batches to avoid heavy single operations.