From the 4-hour chart, the bottom structure of the price shows a clear trend of successive higher lows, which is a typical early sign of a sideways rally or V-shaped reversal. The Bollinger Bands indicate that the middle band is starting to turn upward, and the upper and lower bands are expanding, suggesting that the current consolidation range is being broken and new trend momentum is accumulating.
Sol is advised to watch around 135 and 130, with a target of 140. If the break is stable, continue to look for 145.
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12.12 SOL Evening Strategy
From the 4-hour chart, the bottom structure of the price shows a clear trend of successive higher lows, which is a typical early sign of a sideways rally or V-shaped reversal. The Bollinger Bands indicate that the middle band is starting to turn upward, and the upper and lower bands are expanding, suggesting that the current consolidation range is being broken and new trend momentum is accumulating.
Sol is advised to watch around 135 and 130, with a target of 140. If the break is stable, continue to look for 145.