2025.12.4 SOL


4-hour chart analysis

Bollinger Bands Analysis
Bollinger Bands are opening up, corresponding to prices 149--119. The middle band is trending upward, corresponding to price 134. The candlestick is in a pullback trend after failing to hold above the upper Bollinger Band. SOL is currently consolidating sideways below the upper Bollinger Band.

MA Moving Average Analysis
MA5 and MA10 have formed a golden cross and are moving upward, corresponding to prices 142 and 141. The candlestick is consolidating sideways above the MA5, indicating a consolidation phase. The consolidation range is 146--143.

MACD Analysis
Both MACD lines are above the zero line and trending up; bullish momentum is increasing, and the price may continue to rise.

RSI Analysis
Both RSI lines are flat and parallel, with values at 98.43--97.02. The market is in an overbought stage, so the price may see a slight decline.

Conclusion: Sideways consolidation awaiting direction.

Support: 141-136-128
Resistance: 148-155-161

Short Strategy: If the price fails to break and hold above the upper Bollinger Band, you can open an initial short position near 148. Add to the position near 155. Stop loss if price breaks and holds above 161.

First take profit: 141
Second take profit: 136

Long Strategy: If the price does not break below MA10, you can open an initial long position near 141. Add to the position near 136. Stop loss if price breaks and holds below 134.

First take profit: 148
Second take profit: 155
SOL-2.34%
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