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5.11 Luo Yi SOL Analysis
The bulls are gathering strength, seizing the upward opportunity in line with the trend.
The market rhythm is steadily improving, the stabilization signals are continuously strengthening, and the overall mainstream assets are strengthening together. This morning, the priority remains to follow up at low levels.
Currently, SOL is consolidating and gathering strength on the daily chart, with the price staying above the key support level. The market has sufficient momentum to continue, and short-term slight fluctuations are part of a pre-rally consolidation. The downside space is limited, and after the consolidation, a continued surge is more likely.
This morning, the approach of following up at low levels remains consistent, relying on effective support zones to seize opportunities.
Follow-up range: 92-94
Defense level: below 87
Expected target: 97, further looking at 99
As long as the market holds above the core support level of 95, the overall upward trend will not be disrupted. Short-term oscillations are just a consolidation process. Be patient, seize low-level entry opportunities, and wait calmly for the market to rally.