Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently, SOL's performance has indeed attracted a lot of attention, and community discussions are also heating up. Looking at the current market data, SOL is priced at $139.160000. From a technical indicator perspective, the RSI stands at 56.8, and the bullish momentum is still building. Behind this trend, there is definitely some capital fueling the movement.
Let's analyze from key price levels: support is set at $134.990000, resistance at $143.330000, and the most critical breakout level is $141.940000. Currently, SOL has stabilized above the support and is gradually approaching the breakout level. Once this level is broken, the subsequent upside potential could be quite significant.
Here's my trading approach. Currently, my position is 20%. If the price successfully breaks through the $141.940000 level, I plan to increase my position to 40%. For risk control, I set a stop-loss at the support level of $134.990000; if it falls below this, I will cut losses decisively. The target price is above $150. Considering the current market sentiment is quite positive and the bulls are in control, breaking resistance and continuing to rise is highly probable.
The technical signals are quite positive, but trading always requires caution. What are your thoughts on this market? Feel free to share your ideas.