Recently, the price movement of SOL has drawn attention. Market observers suggest closely following the key level of $204. If the price can maintain above this level in the short term (1-2 hour level), it may indicate that long positions still hold an advantage, with a high possibility of further pumping. In this case, investors should pay attention to potential resistance levels around $209, $212, and $215.



However, if the SOL price breaks below $204 in the short term, it could trigger a pullback. At this point, investors need to closely follow the support levels around $200, $197, and $193. These positions may become key points for a price rebound.

It is worth noting that the cryptocurrency market is highly volatile, and investors should consider multiple factors when making decisions, including but not limited to technical analysis, market sentiment, and the macroeconomic environment. At the same time, it is recommended that investors always maintain risk awareness and manage their positions appropriately to cope with market uncertainty.
SOL-2.37%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ImpermanentLossEnjoyervip
· 08-27 18:50
I've long gone all in!
View OriginalReply0
StrawberryIcevip
· 08-27 18:45
Is that it? take the opposite position all in
View OriginalReply0
GateUser-3824aa38vip
· 08-27 18:34
Is the stupid market maker still playing this trap?
View OriginalReply0
GhostWalletSleuthvip
· 08-27 18:22
Both rise and fall, it's all numb.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)