The short-term moving averages of SOL/USDT (5-day, 7-day) and the medium-term moving averages (25-day, 99-day) are already aligned, with the price fluctuating slightly above these averages — a typical sign of accumulation. Once a valid breakout above the resistance level of $148.80 occurs, the upward potential will open.
Solana is currently in a clear oscillating upward channel. From a trading perspective, swing trading can be considered: gradually buying on dips around $145, targeting $150, while setting a stop-loss at $142 to manage risk. The key is to control the position size, not exceeding 20% of the total funds, to withstand volatility. Patience is crucial—wait for a confirmed upward breakout signal and avoid overextending prematurely.
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The short-term moving averages of SOL/USDT (5-day, 7-day) and the medium-term moving averages (25-day, 99-day) are already aligned, with the price fluctuating slightly above these averages — a typical sign of accumulation. Once a valid breakout above the resistance level of $148.80 occurs, the upward potential will open.
Solana is currently in a clear oscillating upward channel. From a trading perspective, swing trading can be considered: gradually buying on dips around $145, targeting $150, while setting a stop-loss at $142 to manage risk. The key is to control the position size, not exceeding 20% of the total funds, to withstand volatility. Patience is crucial—wait for a confirmed upward breakout signal and avoid overextending prematurely.