On December 26th during the midnight hours, based on the 1-hour K-line of SOL, a clear upward trend has already formed. Especially after successfully breaking through the previous key resistance level, this indicates that the bulls are indeed in the dominant position.
From the current trend, the price has stabilized above an important moving average. As long as there is no recent support level breakdown, it is highly likely to continue moving higher.
SOL trading strategy: Consider going long in the 120-122 range, with a stop loss around 118. The upward targets can focus on the resistance zones at 130, 135, and 140. The key is to hold the support and follow the trend.
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GasFeeNightmare
· 2h ago
Midnight dip order saw this breakdown and I knew someone would chase high... If I buy long at 120-122, half of the gas fee will be eaten up. It’s better to wait and buy at a high around 140.
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BrokenRugs
· 2h ago
This move by SOL is indeed interesting, but it's a bit timid to go long at 120-122..
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GateUser-cff9c776
· 13h ago
It's that classic phrase again: "Hold the support and go with the trend," sounding like it's straight out of a textbook. But to be fair, this wave of SOL really resembles Schrödinger's bull market—whether it goes up or down depends entirely on retail investors' sentiment.
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HodlAndChill
· 12-25 18:54
Breaking below is breaking below. This wave of SOL bulls is serious. Entering at 120-122 feels stable.
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PerpetualLonger
· 12-25 18:54
This is the last time. I will go all-in on 120-122 to buy the dip directly. This wave must recover the cost.
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ImpermanentPhilosopher
· 12-25 18:51
This round of SOL is indeed interesting. Those who entered around 120 should have made quite a profit, right?
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HackerWhoCares
· 12-25 18:50
Once the support level is broken, you want to buy the dip. You're really something. Are all the entries at 120-122 just giving away money?
On December 26th during the midnight hours, based on the 1-hour K-line of SOL, a clear upward trend has already formed. Especially after successfully breaking through the previous key resistance level, this indicates that the bulls are indeed in the dominant position.
From the current trend, the price has stabilized above an important moving average. As long as there is no recent support level breakdown, it is highly likely to continue moving higher.
SOL trading strategy: Consider going long in the 120-122 range, with a stop loss around 118. The upward targets can focus on the resistance zones at 130, 135, and 140. The key is to hold the support and follow the trend.