The price performance of Solana (SOL) has attracted widespread attention in the market. From the daily chart, SOL has attempted to break through the key resistance level of 210 dollars for the third time. The importance of this level is self-evident; if it can successfully break through and hold above, it will open up space for further pump.



Currently, investors should closely follow the performance near the blue trend line. If the price can hold above the support level of $206 during the pullback, it is likely to continue rising. However, if this support level is broken, we may see the price retreat to around $195. In this case, patiently waiting for the price to stabilize before considering an entry may be a wiser choice.

For investors who have already established positions, a tiered profit-taking strategy can be considered. As the price gradually rises, partial profits can be gradually realized at the positions marked by the purple circles on the chart to reduce risk.

Finally, whether going long or short, setting reasonable stop-loss levels is key to risk management. It is not advisable to open a position rashly without a clear stop-loss strategy. Remember, protecting capital is always one of the most important principles in trading.
SOL-4.74%
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StablecoinEnjoyervip
· 08-24 09:51
Brother Dong gets out of positions, I enter a position.
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gas_fee_traumavip
· 08-24 09:38
Want to sell for over two hundred? I don't understand.
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TokenGuruvip
· 08-24 09:38
Veteran crypto world participants can see at a glance that it is another market maker starting to whipsaw at 195. Pay attention to Risk Management, brothers.
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RugPullSurvivorvip
· 08-24 09:33
pump and run
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