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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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short-term:
sol: Since the rebound from 144.65 the day before yesterday, it has risen alongside BTC, reaching resistance at 176 in one go, with two short-term waves pulled consecutively. This is still a bullish continuation. If the weekend closes above 157 for 48 consecutive hours, then the market will target 185-196, with the maximum resistance above around 200.
Currently, there is an adjustment at the 1-hour level, a death cross at the 2-hour level, and a pullback to 166.65. The upward momentum is weakening at the 3-4 hour level. Indicators above the 6-hour level are healthy, and the bullish trend remains strong. Therefore, the maximum pullback in the short-term is only considered within the 4-hour level.
Low points: 167.25 (has retraced once last night, second touch only for the first position to avoid missing out), 158.25 (short-term bottom-picking point, stop loss at 152, if it falls below, turn to short position).
High: 185 (short-term), 196.25, 202.25.