#MSCI未来或纳入数字资产财库企业 Last night's SOL movement was quite interesting—on the hourly chart, you can see that after consolidating around 191, it stubbornly formed a "W" bottom, which is a typical signal of a bottoming out and preparing for a rebound. The short-term moving averages have already been broken through and are setting up for a golden cross, indicating that the bulls are now in control.
But there's a small twist: the MACD's fast line hasn't fully crossed above the slow line yet, and the histogram is still negative, suggesting that the upward momentum hasn't fully developed and there might be another wave of consolidation or adjustment.
So, from a trading perspective: consider entering long positions in the 138-140 range, with a stop-loss below 136. The upward targets are sequentially 145, 150, 155, and 160. $SOL $ETH Patience is needed for this wave of the market.
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airdrop_whisperer
· 19h ago
I've seen this W bottom operation too many times, and MACD is still dragging. Do you dare to go in?
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AirdropHunterKing
· 19h ago
Wait, stop-loss below 136? Bro, are you trying to cut my leeks? I believe in the W bottom, but jumping in before the MACD turns around—aren't you just feeding the main players? I bought SOL at 138 last time, but it got hammered down to 128, and I'm still holding. I think the 138-140 range is risky; better to wait until 150. Anyway, with the airdrop freebie mindset, if I make money, it's good luck; if I lose, just consider it tuition.
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SundayDegen
· 19h ago
I'm still a bit uncertain about this thing called W-bottom after watching it for a while. I feel it needs to fluctuate again to confirm the rebound strength.
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DataOnlooker
· 19h ago
Wait, if you're below 136, you're out? That's such a tight stop-loss level. SOL's temper might just cut you off in one go.
#MSCI未来或纳入数字资产财库企业 Last night's SOL movement was quite interesting—on the hourly chart, you can see that after consolidating around 191, it stubbornly formed a "W" bottom, which is a typical signal of a bottoming out and preparing for a rebound. The short-term moving averages have already been broken through and are setting up for a golden cross, indicating that the bulls are now in control.
But there's a small twist: the MACD's fast line hasn't fully crossed above the slow line yet, and the histogram is still negative, suggesting that the upward momentum hasn't fully developed and there might be another wave of consolidation or adjustment.
So, from a trading perspective: consider entering long positions in the 138-140 range, with a stop-loss below 136. The upward targets are sequentially 145, 150, 155, and 160. $SOL $ETH Patience is needed for this wave of the market.