【12.16 Early Morning SOL Strategy】
From the 1-hour chart, the price has formed a clear upward trend and successfully broke through the previous key resistance level, indicating that the bulls are in control. Currently, the price has stabilized above the key moving average, and as long as it can hold above the recent important support, the subsequent trend is expected to continue rising.
In terms of operation, SOL can consider establishing long positions in the 121-123 range, with a stop loss set below 120, and the upward targets can be sequentially focused on around 135 and 140.
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