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
SOL-2.03%
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
  • 2
  • Repost
  • Share
Comment
0/400
GateUser-91014f71vip
· 12-12 05:12
Just go for it 💪
View OriginalReply0
GateUser-91014f71vip
· 12-12 05:12
Stay strong and HODL💎
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)