SOL latest technical review is here. Last night, the price explored down to around 134, rebounded to 137 after touching the 4-hour MA30 support. Currently in the rebound stage after the decline, the key is whether it can firmly hold MA5, otherwise further decline will continue.

**Technical Analysis**

The 4-hour chart is currently in a rebound uptrend. Bollinger Bands are contracting, with the upper band declining, middle band rising, and lower band also rising, corresponding price levels at 141, 137, 133 respectively. Although bullish momentum is weakening, it still maintains an uptrend. In comparison, the 1-hour chart shows strengthening bullish momentum, suggesting potential for further upside in the short term.

On moving averages, the 4-hour MA5 and MA10 have already dead cross downward, with K-line trapped between the two. The 1-hour chart is the opposite—MA5 and MA10 golden cross upward, with K-line above the moving averages. This structural difference indicates short-term upside momentum.

MACD is clearer: 4-hour MACD is below the 0-axis but bearish momentum is significantly weakening, 1-hour MACD has already moved above the 0-axis with bullish momentum accumulating. On RSI, the 4-hour is in the oversold zone (7-3) and golden crossing upward, while the 1-hour is in the overbought zone (87-75) and dead crossing downward, giving us good short-term trading reference.

**Trading Strategy**

Overall assessment is oscillating uptrend.

**Resistance Levels**: 138, 140, 142
**Support Levels**: 136, 134, 131

**Short recommendation**: Open positions around 141, first take profit at 139, second take profit at 137.
**Long recommendation**: Build positions around 135, first take profit at 137, second take profit at 139.

The market depends on whether it can effectively break through 142 next, if not, it may test support again.