SOL's recent trend has attracted the attention of many traders. Based on the current technical situation, here are three feasible trading strategies.
**How to Trade Breakouts**
If the price can effectively break through the key level of 127.21 and stabilize, with a significant increase in volume and the MACD histogram continuing to expand, it presents a good bullish opportunity. Set stop-loss at 126 and target the 128.5 to 130 range above. This strategy has a relatively stable win rate and is suitable for more aggressive traders.
**Opportunities for Dip Buying**
If SOL doesn't surge all at once and pulls back to the 125.5-126 area, as long as the MACD histogram is not turning negative and DIF remains above DEA, it indicates that the upward trend still has strength, and low buying can be considered. Place stop-loss at 124.8, with profit targets at 127.2-127.5. This approach is more moderate and suitable for conservative traders.
**Bearish Opportunities in a Cooling Market**
Conversely, if the price repeatedly fails to break through near 127.2, with volume-increasing bearish candles and the MACD histogram turning negative, caution is advised. Consider short positions with a stop-loss at 127.5 and targets at 125 to 124.5 below.
Overall, there is still ample room for SOL trading. The key is to wait for clear signals to confirm and avoid blindly chasing highs.
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MemeTokenGenius
· 6h ago
It's that same "wait for confirmation signals" talk again. Every time it's said like this, but SOL still behaves the same... Buying the dip sounds good, but I'm worried it's just a false breakout.
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ContractTearjerker
· 6h ago
These three ideas seem very clear, but how many people can really copy them all the way through? Haha
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DataBartender
· 6h ago
Three sets of ideas sound good, but basically it's just waiting for signals. The most feared are fake breakouts; getting stopped out is the worst.
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DoomCanister
· 6h ago
127.21 feels like the level will be tested repeatedly again. Let's see if it can truly stabilize this week; otherwise, there might be another dip to buy the dip.
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StablecoinSkeptic
· 6h ago
It's another "choose one of three" analysis. It feels like the person writing this article is also betting on how SOL will move.
SOL's recent trend has attracted the attention of many traders. Based on the current technical situation, here are three feasible trading strategies.
**How to Trade Breakouts**
If the price can effectively break through the key level of 127.21 and stabilize, with a significant increase in volume and the MACD histogram continuing to expand, it presents a good bullish opportunity. Set stop-loss at 126 and target the 128.5 to 130 range above. This strategy has a relatively stable win rate and is suitable for more aggressive traders.
**Opportunities for Dip Buying**
If SOL doesn't surge all at once and pulls back to the 125.5-126 area, as long as the MACD histogram is not turning negative and DIF remains above DEA, it indicates that the upward trend still has strength, and low buying can be considered. Place stop-loss at 124.8, with profit targets at 127.2-127.5. This approach is more moderate and suitable for conservative traders.
**Bearish Opportunities in a Cooling Market**
Conversely, if the price repeatedly fails to break through near 127.2, with volume-increasing bearish candles and the MACD histogram turning negative, caution is advised. Consider short positions with a stop-loss at 127.5 and targets at 125 to 124.5 below.
Overall, there is still ample room for SOL trading. The key is to wait for clear signals to confirm and avoid blindly chasing highs.