Evening of 12.1

From the 1-hour K-line chart, the short-term trend of SOL is in a clear downward trend, quickly dropping from 140.15 to 127.14, a decrease of 6.74%; it is currently in a downward trend, with prices fluctuating around 127.14. The support level in the short term is at 120.83; if this position is broken, it may further decline. The resistance level in the short term is at 131.21; if this position can be broken, it may trigger a rebound.

The candlestick pattern shows a large bearish candle, followed by small bearish and bullish candles, indicating that the bears are strong, but the bulls are putting up some resistance. The Bollinger Bands indicator has broken below the middle band and is currently near the lower band, suggesting a weak market trend in the short term. The KDJ indicator's three lines are converging at a low level, showing signs of potential upward divergence, indicating a possible rebound in the short term. The MACD indicator's DIF and DEA are below the zero axis, and the MACD histogram is green, indicating that the bearish force is still dominant, but the histogram shows signs of shortening, suggesting a weakening of the bearish force.

Overall, SOL is in a short-term downtrend, but there are signs of a rebound. In the short term, it is recommended to buy on a pullback to the range of 125--120 with a light position, targeting around 130--135.

The above is just personal advice and for reference only. Please refer to the layout of Haoyu Shipan for specifics $SOL ‌#sol