On December 12th, reviewing yesterday, SOL was in a state of oscillating upwards throughout the day. Last night, the market pulled down to the lower line of the 4-hour Bollinger Bands at 124, rebounding to the current 126, and is now in a sideways oscillating consolidation range. The current 4-hour chart is in a rebound phase after a decline. If the price does not stabilize on the rise, the 4-hour MA5 will continue to decline. The Bollinger Bands are tightening, with the three lines parallel and inclined downwards. The three lines correspond to prices 127, 125, 124. Bullish momentum weakens on the 4-hour level, a downward trend may be forthcoming. Short selling volume is starting to weaken after 1 hour, which may indicate an upward trend.
Moving Average: The 4-hour chart shows a composite crossover of ma5 and ma10, with the k-line positioned below the short-term moving averages ma5 and ma10. In the 1-hour chart, the golden cross of ma5 and ma10 is moving upwards, and the K line is above the short-term moving averages ma5 and ma10. MACD The MACD indicator is above the zero line on the 4-hour chart, indicating an increase in bullish momentum. The 1-hour is below the 0 axis, and the bearish momentum is weakening. RSI Indicator The 4-hour RSI indicator is currently in the normal trading range, with the double line down corresponding to the range of 45 and 26. The 1-hour RSI indicator is currently in the normal trading range with the dual upward corresponding range at 50 and 43.
Conclusion: The market is volatile, with a fluctuation range of 124-127.
Resistance levels: 128, 130, 133 Support levels; 124, 122, 117 High-altitude strategy: Head position near 129 First take profit: 126 Second take profit: 124 Long-short strategy: Build positions near 124 First take profit: 126 Second take profit: 128
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2025.12.23
On December 12th, reviewing yesterday, SOL was in a state of oscillating upwards throughout the day. Last night, the market pulled down to the lower line of the 4-hour Bollinger Bands at 124, rebounding to the current 126, and is now in a sideways oscillating consolidation range.
The current 4-hour chart is in a rebound phase after a decline. If the price does not stabilize on the rise, the 4-hour MA5 will continue to decline. The Bollinger Bands are tightening, with the three lines parallel and inclined downwards.
The three lines correspond to prices 127, 125, 124.
Bullish momentum weakens on the 4-hour level, a downward trend may be forthcoming.
Short selling volume is starting to weaken after 1 hour, which may indicate an upward trend.
Moving Average: The 4-hour chart shows a composite crossover of ma5 and ma10, with the k-line positioned below the short-term moving averages ma5 and ma10.
In the 1-hour chart, the golden cross of ma5 and ma10 is moving upwards, and the K line is above the short-term moving averages ma5 and ma10.
MACD
The MACD indicator is above the zero line on the 4-hour chart, indicating an increase in bullish momentum.
The 1-hour is below the 0 axis, and the bearish momentum is weakening.
RSI Indicator
The 4-hour RSI indicator is currently in the normal trading range, with the double line down corresponding to the range of 45 and 26.
The 1-hour RSI indicator is currently in the normal trading range with the dual upward corresponding range at 50 and 43.
Conclusion: The market is volatile, with a fluctuation range of 124-127.
Resistance levels: 128, 130, 133
Support levels; 124, 122, 117
High-altitude strategy: Head position near 129
First take profit: 126 Second take profit: 124
Long-short strategy: Build positions near 124
First take profit: 126 Second take profit: 128