Over the past few days, I have been closely monitoring the trend of Solana. The performance of this coin is starting to become interesting. From the current situation, the bulls still hold the initiative, with the RSI indicator at 53.0, reflecting that market participation and enthusiasm are not low. From a technical perspective, this wave of gains is far from over, and the possibility of another surge indeed exists.
The current price is around $124.57, which appears relatively stable overall. However, to truly open up upward space, several key levels need to be watched. First is the support level at $120.83; holding this line is crucial. Once it is maintained, subsequent dips could serve as good support points. Looking upward, $128.31 is a minor resistance, but I believe the real test of the bulls' resolve is at $127.06—if this level is broken and stabilized, Solana could experience a rapid surge.
Let me share my personal trading approach. The main focus is on the breakout point at $127.06. If the price can effectively break through and be confirmed, I will consider participating moderately. Of course, risk management must not be relaxed. If the support at $120.83 is broken, a decisive stop-loss is necessary. After all, as long as the green mountains remain, there is no worry about firewood shortage.
Finally, I want to say that recent crypto market volatility has been quite frequent. When trading, stay clear-headed and don’t be scared or overly excited by short-term price drops or rebounds. Stick to your plan and risk management discipline—that’s the secret to surviving longer in this market. I hope these analytical ideas can help everyone, and let’s learn and improve together.
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GateUser-e19e9c10
· 14h ago
If SOL can't break 127 this time, I'm bearish. Honestly, I feel the bulls aren't that confident.
Same as always, set your stop-loss and sleep peacefully, don't be greedy.
This guy's analysis is detailed, but it feels a bit overinterpreted.
That line at 127.06 is indeed a watershed; if broken, then...
Short-term fluctuations are too intense. I prefer to hold my coins and watch, not rushing to chase.
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RugPullProphet
· 14h ago
Can this wave of SOL break 127? Feels a bit uncertain.
Speaking of risk control, it's really too important. Many people die because they don't cut losses.
I'm also watching 127.06, but now is not the time to enter; wait for a pullback before going in.
That's how the crypto world is; if your mentality collapses, everything is useless.
Really, don't mind short-term fluctuations; sticking to the plan is the key.
I think the bigger risk is if the support at 120.83 doesn't hold.
The guys who chased the high a couple of days ago are probably feeling uncomfortable now.
Sticking to discipline is not wrong; I just worry about emotional trading during execution.
Recently, SOL has been quite interesting, but I still prefer to be conservative.
Holding the support level is the key; otherwise, all rebounds are pointless.
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GasGuzzler
· 14h ago
sol this wave definitely has potential, just worried it might be another false alarm
127.06 can't be broken, still the same as before, let's wait and see
Hey buddy, your support level is a bit low, can that 120 really hold?
Your stop-loss plan is quite thoughtful, much better than those all-in gamblers
It's RSI and support/resistance again, that's true, but I still trust my instincts first
sol still depends on Bitcoin's mood, no matter how detailed your analysis is, it's useless
If the price can hold at this level, let's see if 127 can stay steady, otherwise just consider it as tuition fees
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GasWastingMaximalist
· 14h ago
SOL this wave is indeed interesting, but honestly I've been waiting at the 127 level for a long time...
It gave me a scare, I thought it was another big V influencer pushing the trades, but it turned out to be the same old technical analysis. However, the risk control part is definitely right; too many people die because they refuse to cut losses.
If it can't break 127, I'll keep observing. Anyway, SOL has been volatile over the past two years, so there's no rush.
This analysis looks reliable, much better than those who are shouting buy/sell signals all day.
Wait, can 120.83 really hold? I feel this support is a bit weak...
Over the past few days, I have been closely monitoring the trend of Solana. The performance of this coin is starting to become interesting. From the current situation, the bulls still hold the initiative, with the RSI indicator at 53.0, reflecting that market participation and enthusiasm are not low. From a technical perspective, this wave of gains is far from over, and the possibility of another surge indeed exists.
The current price is around $124.57, which appears relatively stable overall. However, to truly open up upward space, several key levels need to be watched. First is the support level at $120.83; holding this line is crucial. Once it is maintained, subsequent dips could serve as good support points. Looking upward, $128.31 is a minor resistance, but I believe the real test of the bulls' resolve is at $127.06—if this level is broken and stabilized, Solana could experience a rapid surge.
Let me share my personal trading approach. The main focus is on the breakout point at $127.06. If the price can effectively break through and be confirmed, I will consider participating moderately. Of course, risk management must not be relaxed. If the support at $120.83 is broken, a decisive stop-loss is necessary. After all, as long as the green mountains remain, there is no worry about firewood shortage.
Finally, I want to say that recent crypto market volatility has been quite frequent. When trading, stay clear-headed and don’t be scared or overly excited by short-term price drops or rebounds. Stick to your plan and risk management discipline—that’s the secret to surviving longer in this market. I hope these analytical ideas can help everyone, and let’s learn and improve together.