SOL technology is facing adjustments; setting stop-loss points is critical.

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According to the latest market analysis, Solana (SOL) has recently shown signs of technical correction. The current price is $87.96, significantly below last week’s high. In this volatile environment, setting appropriate stop-loss points is especially important as a means to control trading risks.

Recent Technical Indicators and Trading Signals

From the 4-hour chart, SOL shows a bearish signal, with the last candlestick closing below the open, forming a bearish candle. Trading volume has recently increased, but accompanied by rising selling pressure, indicating that market participants are still cautious.

Technical indicators suggest the market is in a correction phase: the MACD histogram remains negative but is gradually shortening, implying weakening bearish momentum and potential accumulation by the bulls; the KDJ indicator is in the neutral zone (KDJ value 27), not yet providing a clear buy or sell signal; the RSI is below 30, indicating a possible rebound opportunity. Overall, the market direction remains uncertain, and investors should exercise caution.

Multiple Stop-Loss and Entry Point Recommendations

Based on BOSS Wallet’s technical analysis, current trading opportunities are set as follows:

Long Opportunities: First buy-in at $100.07, second at $96.0. If going long, the stop-loss should be set at $99.57 to protect against a breakdown of support.

Short Opportunities: First sell at $128.17, second at $124.0. If going short, the stop-loss should be set at $128.81 to prevent a sudden reversal upward.

Short-term support is at $96.0, resistance at $124.0, which are key technical reference points. The recent high is $128.17, and the low is $100.07.

Risk Management and the Importance of Stop-Loss Points

In the current market with high uncertainty, setting stop-loss points directly relates to capital safety. Whether going long or short, traders should pre-define clear stop-loss levels based on their risk tolerance before entering positions to avoid irrational decisions driven by emotional fluctuations. SOL is currently in a technical correction phase; patience for clearer trading signals and strict adherence to stop-loss discipline are the smarter trading strategies.

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