12.9 SOL strategy is here, brothers holding, pay attention!
Around SOL132.5, it is in a state of fluctuation. From a key position, the upper pressure levels are 132.98 - 133.00 and 134.03; if the price reaches these levels, it may not be able to rise further. The lower support levels are 131.69 and 131.64; if it breaks below 131.64, it may head towards around 130.5.
The market is currently in a phase of reduced volatility, with the Bollinger Bands' upper and lower bands very narrow, indicating that the market is accumulating strength, and there may be significant movements ahead. In terms of moving averages, the price is being suppressed by the 30-period moving average, while the 7-period moving average is entangled with the price, making the trend quite uncomfortable.
For today's operations, within the narrow range of 131.7 - 133.0, do not blindly chase rises and falls. If the price breaks upward past 133.0 and holds for 30 minutes, it may short-term challenge 134.0 or even 135.0; if it breaks downward below 131.65, it is highly likely to test the 130.5 - 130.0 area, and at that time, short-term risks should be noted. You can also consider placing long orders near 131.7, with a stop loss below 131.5; place short orders near 133.0, with a stop loss above 133.3, and adjust operations after a breakout.
Additionally, SOL is closely linked with the market; BTC's movements will affect SOL. If BTC breaks 91,000, SOL may rise accordingly; if BTC breaks below 89,500, SOL will also struggle. Tonight, the U.S. will release unemployment data, which may cause significant market fluctuations, so be cautious.
Now is the time to hold the key positions and wait for the market to choose a direction before following up. Do not operate blindly in the middle positions; blind solo actions will never bring opportunities. Follow me for updates, 👉聊天室, and strategies will be announced there!!!
