2025.12.9 SOL


4-hour chart analysis
Bollinger Bands analysis
The Bollinger Bands are parallel, corresponding to prices of 136--130. The middle band is also parallel, corresponding to a price of 133. The candlestick is in a sideways consolidation trend after breaking below the middle band, and SOL is now consolidating below the middle Bollinger Band.

Moving Average (MA) analysis
MA5 and MA10 are showing signs of forming a death cross, both at 134. The candlestick is consolidating below the MA5, indicating a consolidation phase, with the consolidation range between 135--132.

MACD analysis
The MACD lines are parallel and showing signs of forming a death cross. Both lines are parallel below the zero axis, indicating weakening bullish momentum. The trend may continue downward, and attention should be paid to a possible death cross downtrend between the two lines.

RSI analysis
Both lines are crossing downward, with values at 41.18--53.68. The market is in a normal trading phase, but the price may continue to decline.

Conclusion: Sideways consolidation
Support: 131-128-123
Resistance: 136-139-146

Short strategy: If the price does not break above the upper Bollinger Band, consider opening an initial short position near 136. Add to the position near 139. Stop loss if it breaks and holds above 141.
First take profit: 132
Second take profit: 128

Long strategy: If the price does not break below the previous low, consider opening an initial long position near 128. Add to the position near 126. Stop loss if it breaks and holds below 124.
First take profit: 134
Second take profit: 140
SOL-5.62%
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