【SOL 1H Technical Analysis | Oscillation Slightly Bearish, Focus on Key Support】#欧美关税风波冲击市场



Market Review and Qualitative Analysis
SOL has retreated after encountering resistance around the previous high of $143, and is currently consolidating in a 4-hour timeframe. The price is now below all major short- and medium-term moving averages, indicating a generally bearish structure, but the downward momentum has slowed, and close attention should be paid to the performance of key support zones below.

Multi-dimensional Technical Indicator Interpretation

1. Moving Average System: MA5-MA30 are flat and converged around the $133-134 region, forming a recent consolidation center and immediate resistance. MA50 ($136.89) and MA100 ($140.23) are in a bearish alignment downward, creating a strong resistance zone above, clearly defining the main ceiling for rebounds.
2. Key Price Levels: The first resistance above is at the MA convergence zone of $133.5-134. Breakthrough here would allow testing the $136-137 resistance zone. The core support below is at the recent low of $128.6-130, which has been a platform for multiple previous battles. If this support is broken, the downward space will open up.
3. Momentum Indicators: MACD (DIF/DEA) lines are below zero and converged at low levels, with weak green bars, indicating that the bearish momentum is temporarily converging but has not yet formed a strong bullish crossover, making a positive rebound unlikely for now. RSI is at 33.69, close to oversold territory, suggesting a short-term technical rebound is possible, but its strength remains to be seen.

Operational Strategies and Reference Levels

· Bearish Strategy: Consider a light short position when the price approaches the resistance zone of $133.5-134, with a stop-loss above $135.5, targeting $131, then $129.
· Bullish Strategy: Aggressive traders may consider a small long position when the price first touches the support zone of $129-130, with a stop-loss below $128, targeting $132.5-133.5. Conservative traders should wait until the price clearly stabilizes above $134 before considering a position.
· Key Breakout: If the price effectively breaks below $128.5, it may test $125 or even lower. If the price strongly breaks through and stabilizes above $136, the short-term downward structure could be broken.

Risk Reminder
The above analysis is based solely on personal views of the current chart. Market volatility is high, and strategies may quickly become invalid. Please ensure proper position management, set stop-losses, and trade at your own risk.

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SOL-5,41%
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