SOL looks quite interesting in this wave of the market. From a technical perspective, if the price retraces to the 128 to 132 range, it should be a good entry point, allowing for multiple positions to be built gradually.
The initial target is around 235, and if the trend continues to be strong, then keep an eye on the 280 level. On the downside, I usually set a stop loss at $78. If it breaks below this level, the bullish logic needs to be reassessed.
To put it simply, this current position is indeed worth paying attention to, but the key is to manage risk properly. The market is ever-changing, so strategies need to be adjusted flexibly based on actual movements. Don’t focus on just one direction; always be prepared to respond to changes.
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OneBlockAtATime
· 01-09 08:56
I've been waiting for 128-132 for a long time. Gradually getting on board is indeed a solid move.
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HappyMinerUncle
· 01-09 08:56
Positions 128-132 indeed need to be guarded well, but I'm more concerned about whether there are enough bullets.
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TeaTimeTrader
· 01-09 08:51
I'm also waiting at the 128-132 price range, just worried that the rebound won't give an opportunity.
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UnruggableChad
· 01-09 08:49
Hmm, the wave from 128-132 definitely requires attention, but I'm more concerned about whether we can break 280 this time.
SOL looks quite interesting in this wave of the market. From a technical perspective, if the price retraces to the 128 to 132 range, it should be a good entry point, allowing for multiple positions to be built gradually.
The initial target is around 235, and if the trend continues to be strong, then keep an eye on the 280 level. On the downside, I usually set a stop loss at $78. If it breaks below this level, the bullish logic needs to be reassessed.
To put it simply, this current position is indeed worth paying attention to, but the key is to manage risk properly. The market is ever-changing, so strategies need to be adjusted flexibly based on actual movements. Don’t focus on just one direction; always be prepared to respond to changes.