Solana's recent technical outlook has been a bit tense. The price is hitting resistance near a key level, and the MACD indicator is also starting to signal a bearish trend, so chasing the high now is definitely not a wise choice. Instead of taking big risks, it's better to use a small position to test the bulls' strength. Of course, the premise is to set a proper stop-loss—this level at $138.77 must be in place to protect yourself from being too deeply trapped. If luck is on your side and it touches $141.14, you can consider taking profits. In summary, approach the market cautiously and don't let greed ruin your account.
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WhaleWatcher
· 01-09 05:46
It sounds similar to my recent judgment. SOL definitely needs to stay alert in this wave... A light position to try going long is a reliable suggestion, but I think setting the stop-loss at 138 is a bit too loose. It should be tightened up.
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DeadTrades_Walking
· 01-09 05:38
I remember the stop-loss level at 138.77, but honestly, everyone is a bit crazy about chasing SOL now... It's okay to try with a small position, just worried that a shaky hand might chase higher again.
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JustHereForAirdrops
· 01-09 05:36
It’s been hit again and again. I told you not to chase this wave. It’s really easy to get caught holding the bag now.
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LiquidityWizard
· 01-09 05:28
Sol, don't rush to get on this wave. I also see that resistance level. The MACD is indeed weakening.
Hold the 138.77 well; otherwise, it will be troublesome if it breaks below. A small position to test the waters might be a good approach.
Solana's recent technical outlook has been a bit tense. The price is hitting resistance near a key level, and the MACD indicator is also starting to signal a bearish trend, so chasing the high now is definitely not a wise choice. Instead of taking big risks, it's better to use a small position to test the bulls' strength. Of course, the premise is to set a proper stop-loss—this level at $138.77 must be in place to protect yourself from being too deeply trapped. If luck is on your side and it touches $141.14, you can consider taking profits. In summary, approach the market cautiously and don't let greed ruin your account.