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Yesterday, SOL surged in sync with mainstream tokens, rising from the daily support level of 135 to 144 before the momentum weakened and it entered a consolidation phase after hitting the resistance level; from a technical perspective, the current four-hour level is operating within the upper band of the Bollinger Bands, clearly indicating 144 as the key resistance and 133 as the core support. Until there is a clear breakthrough during the day, the core strategy revolves around the range of "short at high, long at low."
Morning operation suggestion:
- Bounce to around 143-144 to layout short positions, first target down to 140-138, if the support level breaks, can further look down to 135;
- If it falls back to the 133-135 support level and stops declining, you can take a small long position, targeting 138-140.