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Recently, the price movement of SOL has shown a fluctuating upward trend, demonstrating good development momentum. It is worth noting that during the pullback, the selling pressure has significantly weakened, laying the foundation for subsequent pumps. The repeated tests of the lower support area have not been breached, forming a solid support platform, which undoubtedly enhances investors' confidence.
Market sentiment is overall optimistic, providing a favorable environment for the rise of SOL. Currently, the logic of being bullish on SOL is gaining recognition and support in the market.
For investors interested in participating in SOL trading, attention can be paid to pullback opportunities in the 193-195 range. Within this price range, SOL shows strong support, and it may be worth considering establishing a long position. The short-term target can focus on the 197-200 range, while from a long-term perspective, the target price of 210 is also not out of reach.
However, investors must also keep in mind that the cryptocurrency market is highly risky and volatile. While grasping potential pump opportunities, it is also important to manage risks properly by setting reasonable stop-loss levels to protect one's capital. Additionally, continuously monitoring market dynamics and project developments is also a wise investment strategy.