Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
SOL completed its bottoming around 140-138.85, supported by the middle band of the 12-hour Bollinger Bands, and began to rebound. This trend confirms the prior forecast. From a technical perspective, around 140 has been established as the starting point for the next upward cycle.
By observing the recent week's trend rhythm, a pattern can be identified: after a rapid rebound from Monday to Wednesday, the adjustments seen on Thursday and Friday during the day are normal corrective movements, which are necessary steps in an upward cycle. The key point is that the current pullback is not a true downtrend but a preparation for the next upward move.
The strategy of buying on dips remains unchanged. Many traders are accustomed to frequently switching between long and short positions within a single day, but they often fail to keep up with the rhythm, leading to significant capital loss. Instead of frequent trading, patience and waiting for the right opportunity to position during corrections is a more efficient approach. The market signals are very clear; the key is to have patience and wait for genuine opportunities.