2025.12.31


Review of December 30: Yesterday, SOL was in a continuous oscillating upward trend during the daytime. Last night, the market pulled back to the 4-hour Bollinger Band middle line at 122, rebounded to the current 125, and is now in a zone of oscillating upward movement.
The current 4-hour chart is in a rebound phase after a decline. If the upward movement does not stabilize, the 4-hour MA5 will continue to decline. The Bollinger Bands are opening, with the upper band trending upward, the middle band rising, and the lower band rising—all three lines are trending upward.
The three lines correspond to prices 127, 124, 122.
On the 4-hour timeframe, bullish volume is increasing, indicating a possible continued upward trend.
On the 1-hour timeframe, bullish volume is beginning to strengthen, suggesting a potential upward trend.

Moving Averages: The 4-hour MA5 and MA10 form a golden cross and are trending upward, with the K-line above the short-term MAs.
On the 1-hour chart, the MA5 and MA10 also form a golden cross and are trending upward, with the K-line above the short-term MAs.
MACD:
MACD indicator:
On the 4-hour chart, MACD is above the zero line, with bullish volume strengthening.
On the 1-hour chart, MACD is above the zero line, with bullish volume strengthening.
RSI Indicator:
The 4-hour RSI is currently in the normal trading range, with a crossover corresponding to the zones 37 and 34.
The 1-hour RSI is currently in the normal trading range, with a death cross downward corresponding to the zones 62 and 43.

Conclusion: The market is oscillating and rising, with Bollinger Bands opening.
Resistance levels: 128, 130, 133
Support levels: 124, 122, 120
High short strategy: Short position around 128
First take profit: 126, second take profit: 124
Low long strategy: Enter around 123
First take profit: 125, second take profit: 128
SOL1.6%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)