Short-term bulls and bears are intensifying, the fundamentals are relatively strong but the technicals need a breakout confirmation. The preferred strategy is to "buy on dips and follow through on breakouts," avoiding blind counter-trend operations.
Currently, the price is fluctuating around 137, with 130-135 USD being a strong demand zone. The key resistance band is at 140-145, and the RSI is neutral (59.6), not overbought, leaving room for further upward movement.
Specific trading suggestions
Buy on dips: retrace to the 132-135 range for positioning, with initial targets at 140-145. After a breakout, aim for 150$SOL
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January 6th SOL
Short-term bulls and bears are intensifying, the fundamentals are relatively strong but the technicals need a breakout confirmation. The preferred strategy is to "buy on dips and follow through on breakouts," avoiding blind counter-trend operations.
Currently, the price is fluctuating around 137, with 130-135 USD being a strong demand zone. The key resistance band is at 140-145, and the RSI is neutral (59.6), not overbought, leaving room for further upward movement.
Specific trading suggestions
Buy on dips: retrace to the 132-135 range for positioning, with initial targets at 140-145. After a breakout, aim for 150$SOL