8.21 SOL Analysis
Trading idea: Pull back and place long orders in the 87.6–88.2 range. Set the stop-loss at 86.0. First target is 89.8. If it breaks effectively, continue higher toward 91.5.
The SOL hourly trend is very steady. It started from the 75.16 low and launched a trend-based rally. Price kept rising, setting a new phase high at 89.79, with the bull momentum showing strong continuation. On the hourly timeframe, moving averages remain upward and divergent. Price lifts steadily while tracking the moving averages. The overall bullish structure remains intact, and the upward rhythm has not been disrupted.
The 87.6–88.2 area below is the key short-term support zone. It’s the pullback-and-hold area during this upswing. After it digests short-term overhead supply and solidifies support, it is likely to continue pushing upward to set new highs. In terms of execution, prioritize waiting for the pullback to support before entering—don’t blindly chase new highs. Risk control is important; keep the stop-loss firm around the 86.0 area and don’t get stubborn.#SOL
Trading idea: Pull back and place long orders in the 87.6–88.2 range. Set the stop-loss at 86.0. First target is 89.8. If it breaks effectively, continue higher toward 91.5.
The SOL hourly trend is very steady. It started from the 75.16 low and launched a trend-based rally. Price kept rising, setting a new phase high at 89.79, with the bull momentum showing strong continuation. On the hourly timeframe, moving averages remain upward and divergent. Price lifts steadily while tracking the moving averages. The overall bullish structure remains intact, and the upward rhythm has not been disrupted.
The 87.6–88.2 area below is the key short-term support zone. It’s the pullback-and-hold area during this upswing. After it digests short-term overhead supply and solidifies support, it is likely to continue pushing upward to set new highs. In terms of execution, prioritize waiting for the pullback to support before entering—don’t blindly chase new highs. Risk control is important; keep the stop-loss firm around the 86.0 area and don’t get stubborn.#SOL
