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The recent trend of SOL looks good, and some traders are already itching to jump in.
Based on the current technical analysis, consider a light position at the $124.84 level for testing. Once it stabilizes above $127.60, add to the position. This setup leaves enough room for operation.
Set the stop loss at $120, which means the risk is about $4.84, still manageable. Following this approach, profits are expected to be realized in stages—first aim for $134.19, and if that goes well, target $141.12, with an optimistic goal of rushing towards $148.42.
The details of execution are also crucial. Once the price breaks through $134.19, move the stop loss up to $125 to lock in profits. When reaching the second target, consider reducing half of the position to secure gains, and move the remaining stop loss up to $135 to continue chasing.
Finally, it’s important to emphasize that if the price falls below $121, decisively reduce your position—don’t hold onto false hopes. Risk control is always the top priority, and execution is equally important—what is said must be done.