2025.12.9 SOL


4-hour Chart Analysis
Bollinger Bands Analysis
The Bollinger Bands are opening up, corresponding to prices of 136--130. The middle band is parallel, corresponding to a price of 133. The candlestick is in a downward consolidation trend after breaking below the middle band, with SOL now consolidating and trending downward below the middle band.

Moving Average (MA) Analysis
MA5 and MA10 have formed a death cross and are trending downward, corresponding to prices of 133 and 134. The candlestick is moving sideways below the MA5, indicating a consolidation phase leaning towards a decline. The consolidation range is 134--131.

MACD Analysis
Both MACD lines are trending downward with a tendency to form a death cross. Both lines are below the zero axis and declining, bullish momentum is weakening, and the market may continue to fall. Pay attention to the possible death cross between the two lines.

RSI Analysis
Both lines have formed a death cross and are trending downward, with values at 38.48--44.58. The market is in a normal trading phase, and prices may continue to fall.

Conclusion: Sideways consolidation with a bearish bias
Support: 131-128-123
Resistance: 136-139-146

Short Strategy: If the price fails to break above the upper Bollinger Band, you can open 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, you can open 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-3.32%
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