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#SOL
🚀 On July 21, SOL's price soared, breaking through $185 and directly igniting market sentiment. Bulls are attacking the key resistance level of $209. If they can take it down in one go, this wave of market will open up broader upward space!
🔥 Bulls are in full force, targeting $240!
The current trend is very strong. If SOL breaks through 209 USD, then the next stop will be 220 USD, and there is even a chance to surge up to 240 USD! Bulls are trying to turn 185 USD into a new "launching pad"; if they stabilize here, further acceleration is expected.
⚠️ Don't ignore risk signals!
However, we cannot be blindly optimistic - the RSI has entered the overbought zone, and the market may experience a pullback or consolidation in the short term. After all, there is no market that only goes up without any corrections.
If SOL holds the pullback support at $185, it indicates that there is still buying on dips, and the probability of continuing to surge to $209 is very high.
But if it falls below $185, one must be cautious of short-term profit-taking, which may lead to a pullback near the 20-day moving average at around $173.