10.14 Sol Idea Analysis: $SOL


The current bullish strength continues to dominate, with the market maintaining a strong running trend. The MACD indicator shows an upward divergence trend, the energy bars are gradually strengthening, and the upward momentum is sufficient.
However, it should be noted that the upper Bollinger Band is forming a short-term resistance. This may lead to a slight pullback adjustment, but this is a normal correction in a strong market and not a trend reversal signal. On the contrary, it provides a better opportunity for low long positions, so the approach should still focus on low long positions.
Trading suggestion: You can enter a long position in the range of 208-205, targeting 225.
SOL-0.73%
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