SOL current quote is 0.1224, clearly breaking below the middle band of the Bollinger Bands at 0.1277. The 1-hour candlestick shows a decline of 22.73%, indicating very strong bearish momentum. Structurally, the price is moving towards the lower band at 0.1148, with a complete bearish pattern.

What is the core issue behind this decline? Although MACD and KDJ show signs of slowing bearish momentum, the trading volume of 28.75M is significantly shrinking compared to the 5-day and 10-day moving averages, a typical volume-price divergence phenomenon. In other words, the price has fallen sharply without sufficient selling pressure, and buyer strength is very weak. OBV is positive, but it appears mismatched given the large decline, also indicating divergence.

From a trading perspective, although the technical bearish trend is clear, the single-day drop has already been substantial, so chasing short positions directly carries considerable risk. A more prudent approach is to wait for the price to rebound near the middle band resistance at 0.1277, then look for high-probability short entry points.

Take profit targets are set at 0.1148 (lower band) or 0.1100. Stop-loss is placed above the middle band at 0.1277. The invalidation level is also at 0.1277; once the price stabilizes above this level, the bearish logic needs to be re-evaluated.