4-hour chart analysis Bollinger Bands analysis The Bollinger Bands are opening upwards, corresponding to prices of 140--129. The middle band is moving up, corresponding to a price of 134. The candlestick is in a downward trend after breaking above the upper Bollinger Band, and SOL is now oscillating downward below the upper Bollinger Band.
Moving Average (MA) analysis MA5 is rising, MA10 is falling, corresponding to prices of 137 and 135. The candlestick is consolidating sideways above the MA5, indicating a consolidation phase. The consolidation range is 142--136.
MACD analysis Both MACD lines are moving up and are above the zero axis, but bullish momentum is weakening, so the price may continue to rise.
RSI analysis Both lines have formed a death cross and are trending downward, with values at 84.54--72.61. The market is in an overbought phase, and the price may continue to fall.
Conclusion: Sideways consolidation
Support: 142-144-146 Resistance: 136-134-131
Short strategy: If the price does not break above the upper Bollinger Band, you can open an initial short position around 140, with an add-on position near 144. Stop loss if it breaks above and holds above 146.
First take profit: 136 Second take profit: 131
Long strategy: If the price does not fall below the middle Bollinger Band, you can open an initial long position around 134, with an add-on position near 131. Stop loss if it breaks below and holds below 128.
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2025.12.9 SOL
4-hour chart analysis
Bollinger Bands analysis
The Bollinger Bands are opening upwards, corresponding to prices of 140--129. The middle band is moving up, corresponding to a price of 134. The candlestick is in a downward trend after breaking above the upper Bollinger Band, and SOL is now oscillating downward below the upper Bollinger Band.
Moving Average (MA) analysis
MA5 is rising, MA10 is falling, corresponding to prices of 137 and 135. The candlestick is consolidating sideways above the MA5, indicating a consolidation phase. The consolidation range is 142--136.
MACD analysis
Both MACD lines are moving up and are above the zero axis, but bullish momentum is weakening, so the price may continue to rise.
RSI analysis
Both lines have formed a death cross and are trending downward, with values at 84.54--72.61. The market is in an overbought phase, and the price may continue to fall.
Conclusion: Sideways consolidation
Support: 142-144-146
Resistance: 136-134-131
Short strategy: If the price does not break above the upper Bollinger Band, you can open an initial short position around 140, with an add-on position near 144. Stop loss if it breaks above and holds above 146.
First take profit: 136
Second take profit: 131
Long strategy: If the price does not fall below the middle Bollinger Band, you can open an initial long position around 134, with an add-on position near 131. Stop loss if it breaks below and holds below 128.
First take profit: 140
Second take profit: 144