The weekly line is a large bullish candle with an amplitude of over 37%, and the trading volume is 75% higher than the previous week, indicating a volume-driven increase.
The weekly MA30 line has shifted from flat to an upward trend, with MACD showing an increasing bullish momentum near the zero axis.
The trend is relatively strong; after briefly breaking the previous high of 210, a short-term pullback has formed, and the price will continue to push up; the resistance at this position is not very strong.
The historical high is around 260, which is nearly a 23% increase from now, and it definitely will not approach the battle with just one large bullish candle; it will still maintain a choppy upward rhythm, and as it approaches the historical high, another large bullish candle will break through.
At the weekly level, do not pay attention to short-term adjustments; our target is at least above 315.
The daily line is a bullish candle with a long upper shadow and a short lower shadow, and the trading volume is about three times that of the previous day, indicating a volume-driven increase.
The daily MA30 line maintains an upward trend, with MACD showing an increasing bullish momentum above the zero axis.
The daily line shows a long upper shadow, and the hourly trend is to rise first, then fall, followed by a rebound. Therefore, the trend will still push upwards a bit before further adjustments.
In the context of continuously setting new highs, do not try to guess the top; buying on dips is the best strategy.
All altcoins in the SOL ecosystem have risen to varying degrees. If SOL falls and adjusts, they will also follow and fall. For coins that have surged in the short term, it is advisable to take some profits and wait for the next opportunity to buy during the pullback.
The daily level resistance levels are 215-230-250, and the support levels are 200-186.8-179.7-163-153.5.
From the hourly perspective, it is still in a 1-hour rebound trend; 1 hour is insufficient to support the current price increase; it is actually a 2-hour rebound, so the price is likely to return to the 2-hour support.
In the short term, one can go long at 198 and short at 220.
From the three-day liquidation heatmap,
The price is moving upwards, and there are still a few short positions waiting to be liquidated in the 215.8-218.2 area.
The price is moving downwards, and there are still a large number of significant long positions waiting to be liquidated in the 199.8-189.8 area.
