#美联储重启降息步伐 $SOL Morning Observation: The $140 Level Is Worth Watching
Right now, SOL is hovering around 140, which is quite a delicate price range. On one hand, the bears think that 144 is a tough resistance and hard to break past the previous high; but on the other hand, the momentum from yesterday morning’s rally is still there, so making a push for 144 today isn’t out of the question.
Currently, bulls and bears are in a tug-of-war at this level, and neither side is backing down. If you don’t have a position yet, you might consider testing a light long around 140. But remember, always manage your risk at all times.
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.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
TheShibaWhisperer
· 12-05 02:10
The 140 level is really a hurdle; the bears are holding the line at 144, but the bulls aren’t giving up either.
View OriginalReply0
MoneyBurnerSociety
· 12-05 02:05
Testing the waters at 140? The last time I heard this was when I bought at 135, and I'm still waiting with my order to break even.
View OriginalReply0
liquidation_surfer
· 12-05 02:02
The 140 level is really stuck, it feels like it's just grinding back and forth there.
View OriginalReply0
P2ENotWorking
· 12-05 01:59
140 is really a sticking point, and not being able to break through 144 is truly frustrating.
View OriginalReply0
DefiEngineerJack
· 12-05 01:54
nah the resistance at 144 isn't even that hard tbh... people just don't understand order flow dynamics. empirically speaking, if you actually looked at the on-chain metrics instead of squinting at charts, you'd see the real alpha here
#美联储重启降息步伐 $SOL Morning Observation: The $140 Level Is Worth Watching
Right now, SOL is hovering around 140, which is quite a delicate price range. On one hand, the bears think that 144 is a tough resistance and hard to break past the previous high; but on the other hand, the momentum from yesterday morning’s rally is still there, so making a push for 144 today isn’t out of the question.
Currently, bulls and bears are in a tug-of-war at this level, and neither side is backing down. If you don’t have a position yet, you might consider testing a light long around 140. But remember, always manage your risk at all times.