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【12.16 Early Morning SOL Strategy】
From the 1-hour chart, the coin price has formed a clear upward trend and successfully broke through previous key resistance levels, indicating that the bulls are in control. Currently, the price has stabilized above the key moving average line. As long as it can hold the recent important support, the subsequent trend is expected to continue upward.
In terms of operation, SOL can consider entering long positions in the 121-123 range, with a stop loss below 120. The upward targets can be sequentially around 135 and 140.
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