The Technical Analysis of Solana (SOL) shows that the market is currently in a complex situation of intertwined long and short positions. On the daily chart, SOL remains strong, but in the short term, it has been suppressed by short positions below the key support level, forming a multi-period divergence pattern of short-term bearishness and long-term bullishness.



From a daily chart perspective, SOL still maintains a mid-term bullish trend. The closing price is above the EMA9 and EMA21, and the trading volume remains stable, indicating potential for further upside after a pullback. Bulls can set their stop loss at 191 USD and look for accumulation opportunities around 196 USD and 193 USD. If it can break through 205 USD and close firmly on the daily chart, consideration can be given to adding long positions. Target price levels can be set at 215, 225, and 235 USD.

However, the 4-hour chart and 1-hour chart show a short-term bearish trend. The 4-hour chart indicates that the price has fallen below the EMA9, EMA21, and the weekly pivot point, with the VWAP indicator trending downward. The 1-hour chart shows a bearish arrangement of moving averages, with MACD negative and RSI below 50. These signs support a short-term short position strategy, with a stop-loss set at $197 (4-hour chart) or $193 (1-hour chart), and a target price range of $182 to $170.

In view of the multi-period divergence, it is recommended to adopt the following strategy:
1. Short-term operations focus on short positions on the right side of the 1-hour and 4-hour cycles.
2. Maintain long positions at the daily chart level, only stop loss when it breaks below $191.
3. If the daily chart breaks through 205 dollars with increased trading volume, you can follow the trend to go long and set a trailing stop along the EMA9.
4. Implement periodical position management: short positions target 182 to 170 USD, while long positions can take profit in batches above 215 USD.
5. Strictly adhere to closing signals and avoid premature operations during the trading session.

In this complex market environment, investors need to carefully weigh short-term risks against long-term opportunities, making informed decisions based on their own risk tolerance and investment goals.
SOL5.9%
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BrokenDAOvip
· 08-26 02:53
It's just a long positions eyewash. I hope the market gives some lessons.
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ProposalDetectivevip
· 08-26 02:52
Buy the dip, let's go!
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YieldHuntervip
· 08-26 02:50
actually the risk/reward ratio here seems sus ngl
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BanklessAtHeartvip
· 08-26 02:47
This shuttle is empty.
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LostBetweenChainsvip
· 08-26 02:47
I can't just lie down with this market situation.
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LightningSentryvip
· 08-26 02:45
The scope is small, let's first look at 300 dollars.
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