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The recent trend of SOL is worth paying attention to.
The current price is around $136.79, with an RSI reading of 47.7. From a technical perspective, SOL is in an interesting position. Recently, the price has been oscillating between $132.69 and $140.89, and this range has been maintained for some time. Many are waiting for a breakout, and it looks like SOL is accumulating energy.
Here's a quick overview of key levels: support at $132.69, and if it breaks below this, consider stopping loss. Resistance above is at $140.89, with a breakout level at $139.53. This price point is very critical—if it can break through $139.53 smoothly, there could be good upward potential afterward.
Market sentiment has been relatively decent recently. From the trend, SOL is showing some positive signals at this point. However, the crypto market always carries risks, and one should not only focus on the optimistic side.
My view is this: if it breaks through $139.53, consider gradually building a position; conversely, if it breaks below the support at $132.69, decisively exit to protect the principal. Price fluctuations are normal; the key is to control risk.
What does everyone think about this level?