The latest SOL Technical Analysis shows that both short-term and medium to long-term trends exhibit strong bull run characteristics.



On the hourly chart, the price has broken through the R1 resistance level and is stabilizing above the short-term moving average, showing strong momentum. However, the RSI and stochastic indicators have indicated overbought conditions, and a pullback may occur in the short term. It is recommended to add positions on dips near 187, with a stop loss set at 184 and a target price of 192-195.

The 4-hour chart shows that after building a bottom, the price has risen significantly, with moving averages aligned bullishly and effective support. Trading volume is increasing. However, high-level indicators warn of a possible correction. It is recommended to increase positions near 185.5, with a stop loss at 182 and a target of 195-200.

The daily chart has reached a new high, with moving averages driving the rise and strong momentum. However, there is a divergence risk at high levels. It is recommended to increase positions around 180, set a stop loss at 174, and target 205-220.

The weekly chart shows a strong upward trend, with moving averages arranged bullishly, but momentum has not yet peaked. You can add to your position around 180, with a stop loss at 160 and a target of 240-300.

Operational Strategy: Maintain caution in the short term, gradually increase positions; consider adding positions on a pullback to 180-185 in the medium term, with a stop loss at 174; in the long term, pay attention to the resistance level at 200, add positions after a breakout, with a stop loss at 160. Always strictly implement stop losses and gradually take profits.
SOL-5.82%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
Token_Sherpavip
· 07-22 06:59
ngmi w/ those tight stops tbh... retail mindset smh
Reply0
GasGuzzlervip
· 07-21 05:50
Just do it! 200, let's go!
View OriginalReply0
TokenUnlockervip
· 07-21 05:48
I'm outta here, I need to go do some work.
View OriginalReply0
MissedAirdropAgainvip
· 07-21 05:35
It's analysis again, just a rise. Can't hold it at all.
View OriginalReply0
0xDreamChaservip
· 07-21 05:33
Another big pump, retail investors who cut loss should stop looking.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)