Recently, there has been considerable debate in the market regarding the price movement of SOL (Solana). Many investors anticipate that SOL will break through $260 or even higher. This optimism does have its rationale, but we still need to remain cautious.



From a technical analysis perspective, $250 is an important resistance level for SOL. Before breaking through this key level, we are likely to see a pullback. Therefore, for short-term traders, establishing long positions near the $250 mark could be a relatively safe strategy.

The specific operational suggestions are as follows: consider building a position in the range of 247-250 USD, with the stop-loss point set above 252 USD. If the market develops as expected, the target price can be set in the range of 237-231 USD.

It is important to emphasize that the cryptocurrency market is highly volatile, and investors should conduct thorough research and risk assessment before making any decisions. At the same time, they should closely monitor market dynamics and adjust their strategies in a timely manner.

Regardless of the short-term price movement of SOL, the development of the Solana ecosystem and the expansion of application scenarios are the key factors that determine its value in the long run. Investors should pay more attention to the project's fundamentals and technological advancements, rather than just the price fluctuations.
SOL3.2%
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SatsStackingvip
· 5h ago
249 has already done Margin Replenishment. Other suckers continue to watch.
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GateUser-aa7df71evip
· 5h ago
Wow, this pullback is exactly what I said, so accurate it makes me lose my hair.
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zkProofInThePuddingvip
· 5h ago
With such a small rise, what’s there to talk about?
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BearMarketNoodlervip
· 5h ago
Once again, a bunch of suckers are shouting to charge forward.
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VitalikFanAccountvip
· 5h ago
SOL250 is expensive now, afraid to enter a position and catch a falling knife.
View OriginalReply0
DAOdreamervip
· 5h ago
Stay steady, this wave needs to enter a position.
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SwapWhisperervip
· 6h ago
The SOL boss is very generous, just go for it.
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