Yueying: Popular alts SOL, SUI, DOT short-term views

I am Zhou Yueying, and let's see today's sharing!

SOL Technical Analysis ————

SOL has broken through the 220 level mentioned yesterday. As long as it holds above 220, it will extend to test the resistance at 248. The weekly chart shows a relatively strong structure, currently breaking above the upper Bollinger Band. The daily candlestick has formed four consecutive bullish candles, with the Bollinger Band running upward. The moving averages are in a bullish arrangement, and the MACD fast and slow lines are crossing upward. The volume bars continue to increase. The only thing to note on the indicators is a slight volume-price divergence on the four-hour level. Short-term support is at 220, followed by 216. For short-term trading, waiting for a pullback to enter long is recommended, while for short positions, it's advisable to wait around 248.

SUI Technical Analysis ————

The current market price of SUI is around 3.62. On the daily chart, it is currently testing the resistance near the 60-day moving average. The Bollinger Bands are slightly flattening with a narrow opening, and the short-term moving averages are turning upwards. The MACD fast and slow lines have crossed upwards, and the volume bars continue to increase. The KDJ is extending upwards. For short-term resistance, pay attention to the upper band and the area around the 60-day moving average. On the four-hour chart, the candlestick pattern is oscillating upwards within a slow ascending structure. For short-term support, watch 3.58, followed by 3.55. Resistance is at 3.71. If it breaks through and stabilizes, look for 3.85. Short-term trading should rely on support and resistance for entry.

DOT Technical Analysis ————

Looking at the weekly chart of DOT, Yueting feels that the current price is undervalued. Friends with idle funds can gradually build positions in the spot market. On the daily chart, the market has received support multiple times above 3. Currently, it is testing the upper resistance of the upward trend and the EMA200. The Bollinger Bands are slightly opening, and the short-term moving averages are turning upwards. The MACD fast and slow lines have crossed and are breaking above the 0 axis, with volume bars continuously increasing. The KDJ is running upwards and showing signs of turning. The short-term resistance above is focused on 4.3-4.35, and after breaking through, we look at 4.6-4.65. The short-term support below is 4.17, and then 4.1. For short-term trading, rely on support and resistance to enter.

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn from me together! See you next time.