Solana today stabilized gradually after hitting a bottom near $124 on the hourly chart. Although there are no clear reversal signals yet, from the previous consolidation pattern, the current price is in the support zone at the bottom, with relatively strong defensive capacity. Some investors have mentioned the possibility of a "W" pattern reversal — if viewed from a technical structure, the current low can be understood as one side of a potential double bottom. As long as the support level is not broken, the likelihood of a rebound is quite high.
The RSI is still hovering around 42.6, which is a neutral level, not entering the oversold zone, indicating room for upward movement.
$SOL Trading Strategy: Long positions in the range of 123-125, with targets around 132-135 $BTC $ETH
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LuckyBearDrawer
· 2025-12-19 02:24
Has it bottomed out at 124? I think it can still fall. The Federal Reserve might again exceed expectations this time, so I don't dare to buy the dip.
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MindsetExpander
· 2025-12-17 00:32
The bottom support didn't break, the rebound is solid. Enter long at 123-125 and go straight in.
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NFT_Therapy_Group
· 2025-12-16 07:12
Buying the dip at 123-125 won't lose money; I think this rebound looks promising.
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DustCollector
· 2025-12-16 07:11
124, this point really can't hold anymore. If the W-shaped reversal really takes shape, it would be great. I'm just worried it might be a false alarm again.
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AirdropHunter007
· 2025-12-16 06:56
Bought the dip near 124, waiting for the rebound. It's more fun when it moves in a W pattern.
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MetaverseVagrant
· 2025-12-16 06:56
If I can't hold this key level at $124, I'll just liquidate everything.
#美联储降息 $SOL Short-term Technical Outlook
Solana today stabilized gradually after hitting a bottom near $124 on the hourly chart. Although there are no clear reversal signals yet, from the previous consolidation pattern, the current price is in the support zone at the bottom, with relatively strong defensive capacity. Some investors have mentioned the possibility of a "W" pattern reversal — if viewed from a technical structure, the current low can be understood as one side of a potential double bottom. As long as the support level is not broken, the likelihood of a rebound is quite high.
The RSI is still hovering around 42.6, which is a neutral level, not entering the oversold zone, indicating room for upward movement.
$SOL Trading Strategy: Long positions in the range of 123-125, with targets around 132-135 $BTC $ETH