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
SOL-4.08%
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