2025.12.8 SOL


4-hour chart analysis

Bollinger Bands Analysis
Bollinger Bands are narrowing, with corresponding prices at 138--129. The middle band is trending downward at 134. The candlestick is in a rebound trend after breaking below the lower Bollinger Band. SOL is currently consolidating sideways below the middle Bollinger Band.

MA Moving Average Analysis
MA5 and MA10 have formed a golden cross and are trending upward at 133 and 132, respectively. The candlestick is consolidating sideways above the MA5, indicating a consolidation phase. Consolidation range: 134--131.

MACD Analysis
MACD lines are running parallel below the zero axis, with bullish momentum emerging. The trend may continue upward.

RSI Analysis
The two lines have formed a golden cross and are trending upward, with values at 67.32--57.25. The market is in a normal trading phase and the price may continue to rise.

Conclusion: Sideways consolidation with an upward bias
Support: 130-128-125
Resistance: 137-140-146

Short Strategy: If the price fails to break above the upper Bollinger Band, you can open an initial short position near 139. Add to the position near 143. Stop loss if it breaks and holds above 146.
First take profit: 134
Second take profit: 128

Long Strategy: If the price does not break the previous low during a decline, you can open an initial long position near 130. Add to the position near 128. Stop loss if it breaks and holds below 126.
First take profit: 136
Second take profit: 140
SOL-2.53%
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