#数字资产市场动态 SOL 4-hour chart is quite interesting right now——MACD death cross is expanding, RSI rebound strength is clearly insufficient, and the price continues to move along the lower band of the Bollinger Bands. From the candlestick perspective, each high is lower than the previous one, and the recent lows are also making new lows, a typical weak performance.
This rebound seems to be a shakeout by the bears, digesting short-term positions, and is not a genuine reversal signal. The downward momentum is still in accumulation phase, and the possibility of further decline is greater.
From a technical standpoint, 121 and 125 form a stepwise support and resistance system. If the 121 level cannot hold, then the focus shifts to the 118-115 range, which is the next critical defense zone.
Current strategy: Short at the 129-129.5 range, with a target of 121.
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BankruptWorker
· 10h ago
Sol, I really can't see where the bottom is this time; it seems like it still needs to go down further.
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wrekt_but_learning
· 10h ago
Is Sol going to crash again? I just bought the dip a few days ago, and these shorts are really incredible.
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StakeTillRetire
· 10h ago
This wave of SOL indeed looks a bit fierce. I was worried when the Bollinger Bands touched the lower band, but going short at 129.5 targeting 121 feels a bit aggressive. What if the shakeout is strong?
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ColdWalletGuardian
· 10h ago
Sol was indeed weak this time. I shorted at 129.5, just waiting for it to drop to 121.
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LiquidityOracle
· 10h ago
It's the same old analysis again. I've looked at the 121 key level three times, and each time I said it couldn't hold... and what was the result?
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gas_fee_therapist
· 11h ago
Sol's recent shakeout is really intense. If 121 doesn't hold, it's really going to cool off.
#数字资产市场动态 SOL 4-hour chart is quite interesting right now——MACD death cross is expanding, RSI rebound strength is clearly insufficient, and the price continues to move along the lower band of the Bollinger Bands. From the candlestick perspective, each high is lower than the previous one, and the recent lows are also making new lows, a typical weak performance.
This rebound seems to be a shakeout by the bears, digesting short-term positions, and is not a genuine reversal signal. The downward momentum is still in accumulation phase, and the possibility of further decline is greater.
From a technical standpoint, 121 and 125 form a stepwise support and resistance system. If the 121 level cannot hold, then the focus shifts to the 118-115 range, which is the next critical defense zone.
Current strategy: Short at the 129-129.5 range, with a target of 121.
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