2025.12.4 SOL


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

Moving Average (MA) Analysis
MA5 and MA10 have formed a golden cross and are trending upwards, corresponding to prices 142 and 141. The candlestick is consolidating sideways above the MA5, indicating a consolidation phase. The consolidation range is 146–142.

MACD Analysis
The MACD lines are above the zero line and trending upwards, with bullish momentum slightly weakening. The trend may continue to rise.

RSI Analysis
Both lines are parallel, with values at 96.53–97.15. The market is in an overbought phase, and the price may experience 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, consider opening an initial short position near 148, with additional entries near 155. Stop loss if it breaks and holds above 161.
First take profit: 141
Second take profit: 136

Long Strategy: If the price declines but does not break below MA10, consider opening an initial long position near 141, with additional entries near 136. Stop loss if it breaks and holds below 134.
First take profit: 148
Second take profit: 155
SOL-0.91%
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