The bold plan of SOL for September: my three-thirds strategy

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Abstract generation in progress

I am following SOL at 203 dollars and I am sure many are wondering: will it break through 210 or drop to 190? I will share my analysis straightforwardly.

Analyzing the chart, I identify two crucial support points: 200.35 and 200.80. They are like defensive walls - if they fall, we could see a cascading collapse! Above, the resistances at 207.82 and 210.03 are mountains to be conquered. Overcoming them means unexplored territory; failing means retreating to regain strength.

Don't be fooled! The RSI is already at 32.54, almost overbought. The CVD indicator is falling, showing increasing selling pressure. If we break below 200, SOL could plunge to 180 dollars - a brutal drop of 39%! But if it holds at 200.35, taking advantage of the employment data momentum, reaching 210 is possible.

What really matters to observe? Two signals: institutional movements ( large managers increasing positions ) and advances in DeFi and NFT projects on the network. These are the true keys to profit!

My personal strategy is clear: I divide it into three thirds - base capital, short operations, and cash reserve. I reduce positions at 207.82 and increase at 200.35, always with strict loss control.

The SOL is on the life line! Stay vigilant at the support of 200.35 for entries, aiming for 207.82. If it breaks down, watch the defense at 190. I limit losses at 198 and aim for profits at 210.

Do you believe we will see 250 dollars by the end of the year? Share your opinions!

SOL6.13%
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