SOL’s key turning point! Is it a chance to buy at the bottom or a sign of decline? Bollinger Bands + Position Data Reveals Good Trading Opportunities Summarize The SOL is currently priced at $137.57, above the MA200 (132.83) and the cost of holding (132.13), but below the middle rail of the Bollinger Band (44.46% Quantle), with RSI 41.75 neutral. The 24-hour trading volume shrank by 46.64%, accompanied by a 1.64% decline in price, indicating that the market has entered a stage of adjustment. It is recommended to build positions in batches at the support level of US$134.8, with a target of US$140.9. We need to be wary of the risk of selling pressure caused by negative capital rates. Technical analysis 1. Price status: • Bollinger Band: Price is below the middle rail (137.91), close to the lower rail 134.84 (44.46% Quantle), oversold in the short term but not breaking the lower rail • MA200: Current price is above 3.57%, the medium-term trend is not broken • Cost of holding: Deviation from 4.11%, not triggering large-scale profit-taking 2. Market strength: • Trading volume: 0.47 times the volume ratio confirms insufficient momentum for the decline • Position trend: 24-hour position volume drops by 4.52% with price decline, indicating that short positions dominate • Long-short ratio: 1.6359→1.5865, long-short advantage weakens but does not reverse • News: PumpSwap DEX's 3.54 billion trading volume in a single day constitutes short-term benefits 3. Key Price: • Support level: 134.8 (Bolling lower rail + hourly trading dense area) • Resistance level: 140.9 (Boleiner's upper rail) + 143 (front high pressure belt) Market cycle analysis It is currently in the mid-term adjustment stage of the bull market. MA200 continues to rise but the price has not hit a new high. The net outflow of weekly funds needs to be wary of the risk of deep pullbacks. Trading strategy 1. Specific points: • Entry: 134.8 (the lower rail of the Bollinger band overlaps with the quantity and energy support) • Stop loss: 132.1 (1% below the holding cost) • Target: 140.9 (Bollinger upper rail + energy gap) • Profit-loss ratio: 2.26:1 ((140.9-134.8)/(134.8-132.1)) 2. Risk warning: • Negative capital fee rate (-0.0202%) may trigger a bullish market • Contract positions fell by 92.78% in 24 hours, indicating liquidity risk • When breaking through 134.8, you need to be vigilant about accelerating the decline to the USD 121-136 and the trading intensive area Like and follow to get real-time updates. Welcome to leave a message to communicate strategy details! $SOL