2025/11/29 $SOL The 4-hour level is in a falling trend, it is recommended to mainly focus on shorting at highs, closely monitor the breakthrough of the 138 resistance level, and set the stop loss above 140.
Key analysis basis:
1. Price Trend Analysis
The closing price fell from the recent high of 143.99 (November 26, 16:00) to 137.36 (November 29, 00:00)
The price showed a clear breakdown and moved down after oscillating in the range of 138-144.
The latest price of 137.36 has fallen below the previous support level of 138.
2. Moving Average Signal
The fast line EMA(137.765) is below the slow line EMA(138.930), forming a death cross arrangement.
Both EMAs are in a downward trend, confirming the fall trend.
The price continues to operate below the double EMA, indicating that the bears are dominant.
3. MACD Indicator
MACD_DIF(0.714) is positive but continues to weaken.
MACD_DEA(1.471) is above DIF, forming a bearish crossover.
The MACD histogram (-0.757) has been continuously negative and is expanding, indicating that the fall momentum is strengthening.
4. RSI and StochRSI
RSI(46.81) is in a neutral to weak area, but has not entered oversold.
StochRSI_K( 0.151) is extremely oversold, indicating short-term rebound demand.
StochRSI_D(12.534) is also in the oversold region.
5. Trading Volume Characteristics
Recent trading volume has shrunk relatively, indicating that the downward momentum may weaken.
But during the key break, accompanied by increased volume, it confirms the validity of the trend.
🎯 Key Level Analysis
resistance level:
First resistance: 138.00 (previous support turned into resistance)
Although it is currently in a downtrend, the StochRSI shows extreme oversold conditions, and a technical rebound may occur in the short term. It is recommended to closely follow the breakthrough situation of the 138 resistance level; if it can effectively stand above 138, the trend may shift to a range.
Summary: Currently, it is clearly in a downtrend. It is recommended to focus on shorting on rallies, with a stop loss set above 140. #反弹币种推荐 #加密市场回暖 #十二月降息预测
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2025/11/29 $SOL The 4-hour level is in a falling trend, it is recommended to mainly focus on shorting at highs, closely monitor the breakthrough of the 138 resistance level, and set the stop loss above 140.
Key analysis basis:
1. Price Trend Analysis
The closing price fell from the recent high of 143.99 (November 26, 16:00) to 137.36 (November 29, 00:00)
The price showed a clear breakdown and moved down after oscillating in the range of 138-144.
The latest price of 137.36 has fallen below the previous support level of 138.
2. Moving Average Signal
The fast line EMA(137.765) is below the slow line EMA(138.930), forming a death cross arrangement.
Both EMAs are in a downward trend, confirming the fall trend.
The price continues to operate below the double EMA, indicating that the bears are dominant.
3. MACD Indicator
MACD_DIF(0.714) is positive but continues to weaken.
MACD_DEA(1.471) is above DIF, forming a bearish crossover.
The MACD histogram (-0.757) has been continuously negative and is expanding, indicating that the fall momentum is strengthening.
4. RSI and StochRSI
RSI(46.81) is in a neutral to weak area, but has not entered oversold.
StochRSI_K( 0.151) is extremely oversold, indicating short-term rebound demand.
StochRSI_D(12.534) is also in the oversold region.
5. Trading Volume Characteristics
Recent trading volume has shrunk relatively, indicating that the downward momentum may weaken.
But during the key break, accompanied by increased volume, it confirms the validity of the trend.
🎯 Key Level Analysis
resistance level:
First resistance: 138.00 (previous support turned into resistance)
Second resistance: 140.00 (psychological level)
Strong resistance: 142.00 (EMA resistance area)
support level:
Immediate support: 136.50 (recent low)
Key support: 135.00 (important psychological level)
Strong support: 132.00 (previous densely traded area)
⚠️ Risk Warning
Although it is currently in a downtrend, the StochRSI shows extreme oversold conditions, and a technical rebound may occur in the short term. It is recommended to closely follow the breakthrough situation of the 138 resistance level; if it can effectively stand above 138, the trend may shift to a range.
Summary: Currently, it is clearly in a downtrend. It is recommended to focus on shorting on rallies, with a stop loss set above 140. #反弹币种推荐 #加密市场回暖 #十二月降息预测