12.23: SOL surged and then fell under pressure, looking at the range with low long and high short
From the hourly chart, SOL quickly fell after reaching a high of 128.74, showing characteristics of "surge meets resistance + range oscillation." The short-term battle between bulls and bears has intensified, and operations should adopt a low long and high short range strategy around key support and resistance levels. #山寨币热点
$SOL , as a mainstream altcoin, is influenced by BTC/ETH trends, but it has formed a double bottom pattern near 123, with strong support. The short-term downside space is limited. Although there is a net outflow of funds, the trading volume has not increased, indicating that bears have not formed an absolute dominance, representing profit-taking after the surge rather than a trend-driven sell-off. The second pullback did not break the previous low, indicating strong support effectiveness, and the win rate of "low long" in the oscillation range is higher than that of "chasing shorts."
SOL operational strategy:
Buy in the range of 123.5-124, aiming for 126.5 above, and if it breaks, look towards around 128.
