January 7th, 13:00 (UTC+8) SOL price is approximately 137.6. In the short term, it is experiencing high-level oscillations; medium-term outlook is neutral to bullish. The key depends on the breakout direction of the 140.0-140.7 resistance and 134.5-136.7 support zones.
- Pattern: After rising to 142.91, quick pullback to 136.7 followed by rebound, high-level oscillation digesting floating positions, effective buy support at 136.7-137.0 - Volume: Increasing volume during pullback, decreasing volume during rebound. Caution advised for chasing highs in the short term. Breakthrough of key levels requires volume confirmation.
Trading Strategies (Actionable)
- Bullish (Conservative): Enter on hourly close above 138.0, stop loss below 137.0; target one at 140.0, target two at 143.3, target three at 146.9 - Bearish (Conservative): Enter on hourly close below 136.7, stop loss above 137.5; target one at 134.5, target two at 130.9 - Position sizing: Single direction ≤30%, total position ≤50%, strictly adhere to stop losses, avoid chasing highs or panic selling around 137.0-138.0
Risks and Outlook
- Risk points: BTC correlation, ETF fund flows, on-chain activity volatility; breaking below 130.9 shifts medium-term outlook from bullish to weak - Medium-term outlook: Maintaining above 130.9 supports bullish stance; breaking through 140.7 with volume targets 143.3-146.9; losing 130.9 suggests a move down to 128.3-130.0 zone.
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January 7th, 13:00 (UTC+8) SOL price is approximately 137.6. In the short term, it is experiencing high-level oscillations; medium-term outlook is neutral to bullish. The key depends on the breakout direction of the 140.0-140.7 resistance and 134.5-136.7 support zones.
Core Key Levels
- Resistance: 140.0-140.7 (Pivot R1 / intraday high of 142.91 resistance); 143.3 (R2); 146.9 (previous high congestion area)
- Support: 136.7 (today's low); 134.5 (Pivot S1 / 4-hour SMA20); 130.9 (S2 / daily middle band); 128.3 (S3 / strong daily support)
Multi-timeframe Indicators (as of 13:00)
- 1 Hour: RSI≈48.2 (neutral), MACD bearish crossover, weakening momentum, short-term oscillation slightly weak, stabilizing above 138.0 turns stronger
- 4 Hours: RSI≈56.5 (bullish), MACD bullish slowdown, bullish structure not broken, awaiting volume confirmation
- Daily: RSI≈61.8 (bullish), MACD bullish, above 20/50-day SMAs, medium-term bullish
Pattern and Volume
- Pattern: After rising to 142.91, quick pullback to 136.7 followed by rebound, high-level oscillation digesting floating positions, effective buy support at 136.7-137.0
- Volume: Increasing volume during pullback, decreasing volume during rebound. Caution advised for chasing highs in the short term. Breakthrough of key levels requires volume confirmation.
Trading Strategies (Actionable)
- Bullish (Conservative): Enter on hourly close above 138.0, stop loss below 137.0; target one at 140.0, target two at 143.3, target three at 146.9
- Bearish (Conservative): Enter on hourly close below 136.7, stop loss above 137.5; target one at 134.5, target two at 130.9
- Position sizing: Single direction ≤30%, total position ≤50%, strictly adhere to stop losses, avoid chasing highs or panic selling around 137.0-138.0
Risks and Outlook
- Risk points: BTC correlation, ETF fund flows, on-chain activity volatility; breaking below 130.9 shifts medium-term outlook from bullish to weak
- Medium-term outlook: Maintaining above 130.9 supports bullish stance; breaking through 140.7 with volume targets 143.3-146.9; losing 130.9 suggests a move down to 128.3-130.0 zone.