SOL intraday trading strategy: "Live at seven thirty in the morning"
SOL made a strong upward breakthrough around the key resistance level of 159 points last night. Therefore, during the day, first pay attention to the support levels around 161 points and 159 points. As long as it can effectively maintain above the support level of 159 points, it indicates that the bullish trend is relatively strong and will continue to rise. Initially, pay attention to the resistance level around 165 points above. After breaking through, focus on the resistance levels at 168 points, 185 points, and 188 points. Conversely, as long as it can effectively break below the support level of 159 points during the day and maintain below 159 points, it will exhibit a downward retracement trend. The first support levels to focus on below are 156 points and 154 points, and after breaking below those, pay attention to the support levels around 150 points and from 148 points to 145 points. "SOL intraday trading strategy: Buy near the support levels of 161 and 159 points on a pullback, with a stop-loss below 158 points."
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.
SOL intraday trading strategy: "Live at seven thirty in the morning"
SOL made a strong upward breakthrough around the key resistance level of 159 points last night. Therefore, during the day, first pay attention to the support levels around 161 points and 159 points. As long as it can effectively maintain above the support level of 159 points, it indicates that the bullish trend is relatively strong and will continue to rise. Initially, pay attention to the resistance level around 165 points above. After breaking through, focus on the resistance levels at 168 points, 185 points, and 188 points.
Conversely, as long as it can effectively break below the support level of 159 points during the day and maintain below 159 points, it will exhibit a downward retracement trend. The first support levels to focus on below are 156 points and 154 points, and after breaking below those, pay attention to the support levels around 150 points and from 148 points to 145 points.
"SOL intraday trading strategy: Buy near the support levels of 161 and 159 points on a pullback, with a stop-loss below 158 points."