If reports of a Russia-Ukraine energy ceasefire materialize, a recovery in risk appetite could drive a rebound in major coins such as SOL. But until an agreement is confirmed, I’m cautiously bullish. Chasing the price at 111.74 offers only average risk-reward; waiting for a pullback and confirmation would be safer. The 4-hour and 1-hour moving averages are still trending down. The price is 9.95% below the 4-hour high, so medium-term resistance remains, but it is only 3.04% above the low, with reasonable support below. SOL is up 2.3% over 24 hours, with 16,000 buy orders versus 11,000 sell orders, a ratio of 1.47, indicating that buyers have the short-term edge. The funding rate of 0.0088% is neutral, and open interest of 3.043 million shows no clear increase in leverage; sentiment is not extreme. Consider a small long position on a pullback to 110.35, with a stop-loss at 108.65 and a target of 113.85. If volume-backed price action breaks above 112.95, consider entering then, with a stop-loss at 111.20. Keep each position below 5% of your portfolio, and don’t hold through a breakdown.

——Just my personal opinion; this does not constitute investment advice. Wishing you successful trading.——

$SOL# Russia and Ukraine may reach an “energy ceasefire” agreement; developments remain to be confirmed