12.17｜SOL Market Analysis
The current SOL trend is mainly characterized by range fluctuations, with a relatively clear structure.
The support line at 123 has been confirmed by two consecutive retests, indicating a certain degree of buying strength in the short term; meanwhile, the pressure around 135 has faced multiple obstacles and has not been effectively broken, suggesting insufficient bullish momentum. Before new variables emerge, the price is likely to continue fluctuating around the 123—135 range.
Operational strategy reference:
If the price rebounds to the 130—134 area, consider gradually implementing a strategy for high-level pullbacks, initially targeting the 124—127 range;
If adopting a range trading strategy, focus on entering near the support at low levels and gradually reducing positions near the pressure.
Overall, respond with a fluctuation strategy, focusing on not chasing highs or panic selling, strictly executing risk control, and steadily engaging in the range.
