SOL
Trend Pattern (This Month): Monthly Bull-Bear Line at $147.83 is a strong resistance,
Suggested Trading Strategy:
Bearish Strategy: Short at highs based on the $147.83 monthly bull-bear line and the daily Bollinger Band middle line, set stop loss above $148, first target at $134 bull-bear line, second target at $124.93 for a single take profit;
- Position Management: Current volatility is high, and there is significant divergence between long and short positions, it is recommended to keep overall positions within 10-20%, avoid high leverage operations, and closely monitor the breakout situation of the range box and the trends of mainstream cryptocurrencies. $SOL
