$SOL/USDC

Current price: 220
Target Price:

- TP1: 229.8 (Fibonacci 38.2% extension level)
- TP2: 236.0 (Neckline breakout level/Fibonacci 61.8% extension level)
- TP3: 243.0 (Fibonacci 261.8% extension level)
Stop-loss price: below 218.5

Reason for Purchase:

1. Shape Confirmation:
- The daily chart has formed a "double bottom" breakout pattern (lasting 18 trading days), with the neckline at 229.8.
- Measure of increase = Bottom depth × 1.618 = 8.0 → Target price 2 = 218.5 + 8.0 = 226.5 (actual rounded to 236.0)
2. Trend Structure:
- The weekly level breaks the descending trend line (connecting the Q3 2024 high points), and the price is above MA(50) 225.0
- The short-term trend is upward, with the Bollinger Band's middle line moving up to 226.0
3. Breakthrough Potential:
- After breaking 229.8, open up 243.0+ upward space (Fibonacci 261.8% extension level)
- If an effective breakthrough occurs, it may trigger a 2.0x leveraged contract liquidation.
4. Indicator Verification:
- RSI(14)=65 (neutral bullish), MACD red bars expand, double line golden cross
- The OBV indicator reached a 15-day high, indicating capital inflow.
- The trading volume must exceed 2.5 times the daily average volume when breaking through.

Key Technical Features:

- Morphological Parameters:
- Double bottom spacing: 18 trading days (daily line)
- Neckline: 229.8 (connecting the highs of the double bottom)
- Fibonacci Extension:
- 229.8 = (218.5 → 226.5 increase) × 0.382 + 226.5
- 236.0 = (218.5 → 226.5 increase) × 1.618 + 226.5
- 243.0 = (218.5 → 226.5 increase) × 2.618 + 226.5
- Wave Structure:
- Third wave main uptrend: 218.5→243.0 (target price 3)
- Currently in the 3rd wave, 3rd sub-wave (226.5→243.0)

Risk Warning:

- It is recommended to control the position size to 2-3% of the total funds and strictly implement stop-loss.
- After breaking 229.8, the stop loss can be moved up to 226.5 to achieve dynamic risk control.

This content is for reference only and should not be considered as investment advice.