- Bollinger Bands (BOLL): - Upper Band (UB): 88.62 - Middle Band (BOLL): 86.10 - Lower Band (LB): 83.59 - Analysis: Price has broken below the lower Bollinger Band (83.59), entering an oversold zone, which may face a technical rebound. - MACD Indicator: - MACD: -0.42, DIF: -0.45, DEA: -0.03 - Analysis: DIF is below DEA, with both lines operating below the zero axis, indicating bearish dominance. However, the MACD green histogram may start to shorten, suggesting weakening downward momentum. - RSI Indicator: - RSI(14): 29.98 - Analysis: RSI below 30, entering oversold territory, increasing the probability of a rebound. - Moving Averages: - MA5: 3.64 (short-term moving average trending down) - MA10: 2.99 (mid-term moving average trending down) - Analysis: Short-term moving average has a death cross downward, suppressing price rebound.
Trading Strategy and Level Recommendations Overall Judgment: Short-term bearish dominance, but approaching oversold area, with rebound demand.
1. Long Position (Anticipate Rebound) - Entry Point: 82.50 - 83.00 range (near current price, supported by lower Bollinger Band) - Stop Loss: 82.00 (effective if it breaks below previous low) - First Target: 84.50 (near the middle Bollinger Band) - Second Target: 86.00 (resistance at middle Bollinger Band)
2. Short Position (Trend Following) - Entry Point: 83.80 - 84.20 range (rebound to middle Bollinger Band encountering resistance) - Stop Loss: 84.60 (break above middle Bollinger Band) - First Target: 82.00 (support at previous low) - Second Target: 80.00 - Support at the lower Bollinger Band may fail; if the price continues to break below 82.50, the bearish trend may continue.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$SOL - Current Price: 83.06 USDT
- Bollinger Bands (BOLL):
- Upper Band (UB): 88.62
- Middle Band (BOLL): 86.10
- Lower Band (LB): 83.59
- Analysis: Price has broken below the lower Bollinger Band (83.59), entering an oversold zone, which may face a technical rebound.
- MACD Indicator:
- MACD: -0.42, DIF: -0.45, DEA: -0.03
- Analysis: DIF is below DEA, with both lines operating below the zero axis, indicating bearish dominance. However, the MACD green histogram may start to shorten, suggesting weakening downward momentum.
- RSI Indicator:
- RSI(14): 29.98
- Analysis: RSI below 30, entering oversold territory, increasing the probability of a rebound.
- Moving Averages:
- MA5: 3.64 (short-term moving average trending down)
- MA10: 2.99 (mid-term moving average trending down)
- Analysis: Short-term moving average has a death cross downward, suppressing price rebound.
Trading Strategy and Level Recommendations
Overall Judgment: Short-term bearish dominance, but approaching oversold area, with rebound demand.
1. Long Position (Anticipate Rebound)
- Entry Point: 82.50 - 83.00 range (near current price, supported by lower Bollinger Band)
- Stop Loss: 82.00 (effective if it breaks below previous low)
- First Target: 84.50 (near the middle Bollinger Band)
- Second Target: 86.00 (resistance at middle Bollinger Band)
2. Short Position (Trend Following)
- Entry Point: 83.80 - 84.20 range (rebound to middle Bollinger Band encountering resistance)
- Stop Loss: 84.60 (break above middle Bollinger Band)
- First Target: 82.00 (support at previous low)
- Second Target: 80.00
- Support at the lower Bollinger Band may fail; if the price continues to break below 82.50, the bearish trend may continue.