Sol Analysis

4-hour Bollinger Bands opening indicates price levels at 128, 124, 121. The middle band of the 4-hour Bollinger Bands is trending downward. The 1-hour Bollinger Bands opening shows the three lines converging at price levels 125, 123, 121. The 1-hour Bollinger Bands middle band is trending downward.
MA Moving Averages: On the 1-hour chart, the price is below MA5 and below the lower band. MA5 crosses below MA10 from above. Sol is moving upward without breaking the lower band and not breaking above MA5. On the 4-hour chart, the price is below the lower band and MA5. MA5 crosses below MA10 and MA30 from above. The middle line is trending downward, not breaking below the lower band or above MA5.
MACD
The 4-hour MACD lines are below the 0 axis, with the fast line crossing below the slow line, forming a death cross, indicating increasing bearish momentum. The 1-hour MACD lines are below the 0 axis, forming a death cross, with increasing bearish momentum.
RSI Indicator: The 1-hour RSI is in the oversold trading zone at 0, 13. The 4-hour RSI is also in the oversold trading zone at 5, 8.
Summary: Consolidation and decline
Resistance levels: 125, 127
Support levels: 118, 116
High Short Strategy: If the price fails to break above 125 on the rally, establish a short position. Add to the short at 127. First take profit at 122, second at 120.
Low Long Strategy: If the price is at 118, go long. Add to the long at 116. First take profit at 120, second at 122.