December 25 Sol Analysis

Review of yesterday's recap: Overall, Sol's trend compared to BTC showed relatively strong performance. After failing to break the 125 resistance level, it declined to a low of 119, rebounded, and reached 121 this morning.
Sol Analysis
4-hour Bollinger Bands are opening downward at prices 125, 122, 120. The middle band of the 4-hour Bollinger is trending downward. The 1-hour Bollinger Bands are opening at prices 124, 122, 120, with the middle band trending downward.
MA Moving Averages: On the 1-hour chart, the price is below MA5, above the lower band, with MA5 crossing above MA10, the middle band, MA30, and MA60. Sol is trending downward without breaking the middle band, and upward without breaking MA5. On the 4-hour chart, the price is below MA5, above the middle band, with MA5 turning upward and crossing MA10. Sol is trending downward without breaking the lower band, and upward without breaking MA5.
MACD
The 4-hour MACD lines are below the zero axis, with the fast line crossing below the slow line, forming a death cross, indicating increasing bearish momentum. The 1-hour MACD lines are also below zero, forming a death cross, with increasing bearish momentum.
RSI Indicator: The 1-hour RSI is in the oversold trading zone at 10, 13. The 4-hour RSI is in the normal trading range at 46, 64.
Summary: Volatile decline
Resistance levels: 124, 126
Support levels: 118, 116
High Short Strategy: If the price fails to break above 124, establish a short position. Add to the short at 126, with the first take profit at 122 and the second at 120.
Low Long Strategy: If the price is at 118, open a long position. Add to the long at 116, with the first take profit at 124 and the second at 126.