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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.