Solana (SOL) is currently hovering around $184 and will face a critical breakthrough or pullback moment in the coming week.



From a technical perspective, $185 is an important resistance level. If it can hold above this level, it may attract more buying interest, potentially pushing the price up towards $200 or even above $219. On the other hand, the range of $170 to $166 constitutes important support; as long as it does not break below this range, there is still hope for the market to rise.

It is worth noting that the technical indicators have shown a bullish "golden cross" signal, and there are signs that large funds are accumulating at low levels. However, some analysts remain cautious, anticipating that there may be a pullback to around $171 before a rebound.

For short-term traders, it is important to closely monitor the key level of $185; once it is broken, a small position can be considered for entry. For investors who prefer a conservative strategy, it might be better to wait for the price to pull back to around $170 before gradually building a position to reduce risk.

Regardless of the strategy adopted, it is essential to set reasonable stop-loss levels and never bet all funds on a single trade. In the complex and ever-changing cryptocurrency market, risk management is always the key to investment success.
SOL3.41%
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MEVEyevip
· 08-14 02:33
What are you waiting for to go all in?
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PumpDetectorvip
· 08-11 07:51
seen this pattern before... mt gox vibes fr
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IntrovertMetaversevip
· 08-11 07:50
200 is the Floor Price.
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TestnetScholarvip
· 08-11 07:40
It's all good, no loss means profit!
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LoneValidatorvip
· 08-11 07:26
It would be better to build a position when it falls.
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Whale_Whisperervip
· 08-11 07:21
Charge solo! Want to take a shot.
View OriginalReply0
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