4-hour Chart Analysis Bollinger Bands Analysis The three Bollinger Bands are parallel, corresponding to prices between 143 and 121. The middle band is parallel, corresponding to a price of 132. After breaking through the middle Bollinger Band, the candlestick did not break the upper band and is now in a retracement trend. SOL is currently consolidating below the upper Bollinger Band.
Moving Average (MA) Analysis MA5 and MA10 have formed a golden cross and are trending upward, corresponding to prices of 136 and 131. The candlestick is consolidating above the MA5, indicating a consolidation phase with a range of 140-137.
MACD Analysis Both MACD lines are trending upward, with bullish momentum increasing. The two lines are below the zero axis and moving downward.
RSI Analysis The buy line is turning downward, and the sell line is moving upward, with values at 92.81 and 91.40. The market is in an oversold phase, and the price may experience a slight decline.
Conclusion: Sideways consolidation with direction to be determined.
Support: 136-132-128 Resistance: 143-147-153
Short Strategy: If the price fails to break and hold above the upper Bollinger Band, you can open an initial short position around 143. Add to the position around 147. Stop loss if it breaks and holds above 153. First take profit: 136 Second take profit: 130
Long Strategy: If the price does not break and holds above the middle Bollinger Band, you can open an initial long position around 132. Add to the position around 128. Stop loss if it breaks and holds below 125. First take profit: 140 Second take profit: 145
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2025.12.3 SOL
4-hour Chart Analysis
Bollinger Bands Analysis
The three Bollinger Bands are parallel, corresponding to prices between 143 and 121. The middle band is parallel, corresponding to a price of 132. After breaking through the middle Bollinger Band, the candlestick did not break the upper band and is now in a retracement trend. SOL is currently consolidating below the upper Bollinger Band.
Moving Average (MA) Analysis
MA5 and MA10 have formed a golden cross and are trending upward, corresponding to prices of 136 and 131. The candlestick is consolidating above the MA5, indicating a consolidation phase with a range of 140-137.
MACD Analysis
Both MACD lines are trending upward, with bullish momentum increasing. The two lines are below the zero axis and moving downward.
RSI Analysis
The buy line is turning downward, and the sell line is moving upward, with values at 92.81 and 91.40. The market is in an oversold phase, and the price may experience a slight decline.
Conclusion: Sideways consolidation with direction to be determined.
Support: 136-132-128
Resistance: 143-147-153
Short Strategy: If the price fails to break and hold above the upper Bollinger Band, you can open an initial short position around 143. Add to the position around 147. Stop loss if it breaks and holds above 153.
First take profit: 136
Second take profit: 130
Long Strategy: If the price does not break and holds above the middle Bollinger Band, you can open an initial long position around 132. Add to the position around 128. Stop loss if it breaks and holds below 125.
First take profit: 140
Second take profit: 145