📌 SOL short-term analysis (September 19)

SOL has faced pressure and retreated after hitting the 248-250 resistance zone, currently oscillating around the 244 level.

🔹 Technical Structure

Resistance above:
248—250: Short-term strong resistance, difficult to continue the strong trend without breaking through the previous level;
If there is a breakout with volume, the target is expected to look towards 256—260.

Support below:
First support: around 243 (currently being tested)
Second support: 238 (previous low + breakout point)
Strong support: 230 area

In terms of shape: a high-level pullback, forming a short-term descending channel. If it breaks below 243, it may continue to test 238 downwards.

🔹 Indicator Prompt

A short signal appeared at 248, and then the market fell accordingly.

Currently, the short-term has shown a bottom signal, but there is no increase in volume, further confirmation is needed.

🔹 Trading Logic

✅ Long position strategy:

If 243 holds steady, you can try a low long position with a small amount, aiming for around 248.

Wait for a more stable long position near 238 to enter again, with a higher risk-reward ratio.

✅ Short position strategy:

If the rebound does not break 248, a light short position can be taken, with a target of 243—238;

If it breaks below 238, the bears are expected to further release to the 230 area.

⚡ Summary:
SOL is currently experiencing a high-level retracement + range fluctuation. It is advisable to sell high and buy low, and not to chase after rising or falling prices. Only by stabilizing above 250 can it reopen upward space; otherwise, it may still fluctuate repeatedly.