Point of reference: Currently, SOL is competing around $138 (20-day EMA), with short-term resistance at $154; support levels focus on $126. If the price drops below this level, it may further decline to $110. Previously, $138 has also been a key level for multiple rebounds, serving as a crucial reference point for short-term bulls and bears.
2. Trading idea: If the price stabilizes above $138 and breaks upward, consider entering a long position with a small amount, targeting the resistance at $154. Place a stop-loss below $126 to prevent losses if the support is broken; if the price fails to hold above $138 and continues to decline, consider a small short position, with a stop-loss above $138 to avoid missing the rebound after a breakout of a key level.
3. Risk reminder: The current cryptocurrency market is heavily influenced by macro sentiment and Bitcoin volatility. SOL is in a short-term correction phase; although the downward momentum has weakened, there are no clear reversal signals yet. Short-term operations should strictly control position sizes to avoid heavy bets on #SOL
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Point of reference: Currently, SOL is competing around $138 (20-day EMA), with short-term resistance at $154; support levels focus on $126. If the price drops below this level, it may further decline to $110. Previously, $138 has also been a key level for multiple rebounds, serving as a crucial reference point for short-term bulls and bears.
2. Trading idea: If the price stabilizes above $138 and breaks upward, consider entering a long position with a small amount, targeting the resistance at $154. Place a stop-loss below $126 to prevent losses if the support is broken; if the price fails to hold above $138 and continues to decline, consider a small short position, with a stop-loss above $138 to avoid missing the rebound after a breakout of a key level.
3. Risk reminder: The current cryptocurrency market is heavily influenced by macro sentiment and Bitcoin volatility. SOL is in a short-term correction phase; although the downward momentum has weakened, there are no clear reversal signals yet. Short-term operations should strictly control position sizes to avoid heavy bets on #SOL