Xingge says crypto SOL 0720 today’s thoughts



SOL has recently rebounded following BTC and ETH. It is currently in an oversold rebound/repair phase, but compared with ETH, the strength of its upside move is slightly weaker.

In the short term, focus on key levels:

🔹 resistance zones
77.5-78: short-term rebound resistance; on the first touch, expect selling pressure.
Around 79: prior high resistance; if it breaks out, BTC and ETH need to keep in sync.

🔹 support zones
Around 76: short-term boundary between long and short; if it holds, the rebound structure remains intact.
75.3-75.5: a steadier support area; watch for opportunities on pullbacks.
Around 73.3: strong support at the previous low; a breakdown would mean the rebound structure is weakening.

Right now, SOL is not judged as the primary direction; more of a matter of observing how BTC and ETH move to drive it.

Plan:
Don’t chase; wait for key levels. For rebounds, look at resistance; for pullbacks, look at support. $SOL #沃什称AI是否引发通胀取决于美联储
SOL0.00%
View Original
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned