🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
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📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
Recently, the market performance of Solana (SOL) has been noteworthy, with its trend standing in stark contrast to Bitcoin and Ethereum. As of the latest data, the SOL price hovers around $153.69, sitting below the lower edge of the 30-minute segment center, while it is above the upper track of the 30-minute pen center.
Technical analysis shows that SOL has completed a classic head and shoulders bottom pattern in the 30-minute time frame and has retested the neckline position. This pattern is typically seen as a potential reversal signal, suggesting that the price may be ready to break upward.
Based on the current market structure, investors may consider adopting a low-position buying strategy. Specific operational suggestions are as follows:
1. Set the first buy point around $152, with a recommended position size of 10% of the total position.
2. If the price drops to $150, consider increasing the position by 10%.
3. If the price rebounds after falling below $150 but fails to break through the previous low, it is recommended to cut losses in a timely manner.
4. The upward targets can be set at two levels: first is 157.5 dollars, and the second is 170 dollars.
It is worth noting that the cryptocurrency market is highly volatile, and investors should act with caution and strictly implement risk management strategies. At the same time, it is important to closely monitor the overall market trends and potential regulatory changes, as these factors may have a significant impact on the price of SOL.