2025-12-25 09:22:07

Looking at SOL's recent performance, I can't help but feel the urge to take action.

The current price is around $121.75, and honestly, I've been watching it for several days. The bullish momentum is good, with an RSI reading of 50.8 indicating the market still has heat, but it's far from being crazy. This rhythm reminds me of the previous rally, where I missed out on many gains due to indecision. This time, I need to think carefully.

From a technical perspective, the support level is solid at $118.1, with resistance above at $125.4. The most critical level here is $124.19—once it breaks, it can be confirmed that the upward trend is officially starting. By then, more funds are likely to follow in, which is quite exciting to think about.

My trading plan is as follows: first, allocate 20% of my position to gently test the waters and gauge the market response. I set my stop-loss at $117.5, just below the support level, to allow enough buffer and avoid being swept out by minor pullbacks. If I can successfully reach around $125.4, I plan to add another 30% of my position and ride the momentum. Conversely, if the price breaks below the support level, I will immediately end this trade because protecting the principal is always the top priority.

Specific price references:
• Support level: $118.1
• Resistance level: $125.4
• Key breakout point: $124.19

What do you think of this logic? Feel free to share your thoughts in the comments or share your own trading ideas.

SOL0.33%

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quiet_lurker

· 11h ago

Bro, can $124.19 be broken? It’s a bit uncertain... --- Honestly, I started to get nervous just above $120. I did the same thing last time, and ended up being trapped for three months. --- Support at $118.1? Feels very fragile, don’t overestimate it. --- Trying 20% as insurance is just insurance; just worried that when adding more later, it might be hammered down unexpectedly. --- RSI is only 50.8, no real heat. In this kind of market, it’s easiest to get hyped up. --- I think it’s worth a gamble, but don’t go all in, really. --- Every time I analyze like this, it should go up, but then it rugs the next day. Are we all being played... --- 125.4 still needs several points. This waiting period really tests your patience. --- Setting such tight stop-loss? One spike and it’s gone. --- Stay calm, don’t get blinded by FOMO. Think carefully about why you missed out last time.

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liquidation_surfer

· 11h ago

Your stop-loss is set a bit tight; $117.5 is easily locked in.

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RatioHunter

· 11h ago

You set your stop-loss a bit tight; $117.5 feels like it could be easily washed out.

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MEVictim

· 11h ago

This wave of momentum is indeed good, but I still think it's a bit rushed... Last time SOL was so eager to move, it got trapped, and I still have some psychological shadow from that.

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gas_fee_therapy

· 12h ago

Solana is indeed a bit itchy at this position right now, but I still have to wait, afraid of chasing the high again. Maybe we should first see if it can really break through this key level at 124? It always feels easy to say but hard to do.

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GasGuzzler

· 12h ago

Oh no, it's that itchy feeling again. I understand, I understand, that $124.19 threshold must be tightly guarded, don't get tempted to buy more and get cut again. --- Trying this small position approach is fine, but honestly, RSI is only around 50, I still feel it's not quite ready, prone to a false decline. --- Does setting the stop-loss this way still feel a bit loose? I usually keep it tighter for peace of mind. --- Will it really follow the trend and enter after breaking $125.4? Are there still so many retail investors now? --- Haha, I’ve learned my lesson this time. Better than going all-in and getting liquidated last time. At least there's an escape pod. --- Wait, has the support level at $118.1 been tested a few times recently? I'm worried this price has been probed too much, might not be reliable anymore. --- A 30% follow-up order is a bit aggressive. What if it crashes? I’d rather add in smaller amounts in three parts. --- It seems like you've thought through all the data, but when the moment comes, it's still easy to get confused. Planning on paper is the simplest.

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