#sol
Sol spot trading previously suggested to hold until around 20 and then observe the subsequent trend. This judgment stems from the cyclical characteristics of the monthly period: typically, the low point that appears in the first week of the month often becomes the low point for the entire month, while high points tend to extend until around the 23rd to 26th; the mid-month period is mainly characterized by spikes and fluctuations, making it suitable for seizing opportunities for high selling and low buying.
For those who have not yet made trades, they can refer to the trend-following strategy: as long as the price does not break below the trend line, strictly follow the trading plan to retain positions; if it breaks below the channel line, decisively exit to cut losses.
In addition, provided that the price does not break the trend, one may consider adding to positions when it pulls back to around 182. It is recommended to lock in a trading range of 16-20 dollars for this position. It is important to note that holding positions without flexibility can easily lead to panic selling at lows during corrections; being adaptable to fluctuations is more critical.