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SOL is currently quoted at 138 USDT, oscillating close to the middle band of the Bollinger Bands at 138.20. This position may seem ordinary, but it is actually a watershed for short-term bulls and bears—whether the support can hold effectively directly affects whether the price can continue to break upward.
From a technical indicator perspective, the MACD shows a slight death cross, but there is a detail worth noting: the green histogram bars have not continued to expand. In other words, although the bears have the upper hand, the momentum has not been fully released, and the overall market is still in a phase of oscillation and accumulation. The turning point of the trend may be imminent, and the key is to catch two signals—the first is the moment when the DIF line turns upward and forms a golden cross with the DEA; the second is during the price correction when the MACD green histogram gradually narrows or even turns red. As long as any one of these two signals appears, it indicates that the bulls' momentum is beginning to gather, and a rebound can be expected.
In terms of position building, you can consider entering multiple long positions in the 136-132 range. This range is not chosen arbitrarily: the lower boundary is close to the previous oscillation support level, and it also resonates with the middle and lower bands of the Bollinger Bands, providing relatively sufficient safety margins.
Regarding target levels, there are two considerations. First, look at the 143 level, which is a previous resistance point; breaking through this level could allow for partial profit-taking. If trading volume continues to support, there is even a chance to aim further towards 153, but this requires ensuring that each step is supported by trading volume and not relying solely on price patterns.