$SOL Market Trend Analysis and Buying Strategy Suggestions:
I. Market Trend Analysis
1. Short-term Trend (Intraday)
· Price Trend: Momentum is relatively weak, suggesting that fluctuations may continue in the short term.
· Trading Volume: Recent trading volume shows some level of trading activity, but there has not been a significant breakout.
2. Medium to Long-term Trend
· Daily Level: The price is below MA(99) (130.23), indicating a downtrend in the medium to long term, particularly with a significant decline over the past 90 days, and market sentiment is bearish.
3. Key Price Levels
· Resistance Levels: 130.10, 130.23
· Support Levels: 125.35, 123.53
II. Buying Strategy Suggestions
✅ Conditions Suitable for Buying
1. Breakthrough of Key Resistance: If the price stabilizes above 130.23, it can be regarded as a short-term strengthening signal.
2. Rebound at Support: If the price falls back to the range of 125.35–126.00 and shows a volume rebound, partial buying can be considered.
3. MACD Golden Cross Confirmation: If the DIF clearly crosses above the DEA and the MACD histogram expands, it can be seen as a buying signal.
⚠️ Risk Warning
· The medium to long-term trend remains bearish, with a 90-day decline of 45.32%, so blind bottom-fishing is not advisable.
· If it breaks below 125.35, it may further test 123.53 or even lower.
📌 Operational Suggestions
1. Build Positions in Batches: If it stabilizes at the support level, a small position can be tried (e.g., 10-20% of the position), with a stop-loss set below 124.50.
2. Breakthrough Follow-up: If there is a volume breakout at 130.23, additional positions can be added, targeting 133.00–135.40.
3. Strict Stop-loss: Regardless of the buying point, be sure to set a stop-loss (recommended 3-5% floating loss).
III. Summary
· Short-term: Weak fluctuations, focus on the breakout of the range 125.35–130.23.
· Medium to Long-term: Still in a downtrend, reversal requires more bottoming signals.
· Strategy: Wait for the support level to stabilize or for a breakout above resistance before buying in batches, with strict risk control.
