The 1-hour candlestick chart shows a clear bullish signal. After breaking through the 133.99 high, the price encountered selling pressure and retraced to around 121.36 to find support. The key point is that the MA7 moving average is holding firmly and has already turned upward.
From a volume perspective, the large-scale sell-off during the previous decline has been fully released, and the bears' momentum is clearly exhausted. During the rebound, trading volume has gradually accumulated and solidified, forming an important foundation for continued upward movement.
Trading Strategy: - Short-term support is in the 120-122 range, which can serve as a buy zone - The recent target is around $126-$130
The current rebound is still brewing, but from the perspective of moving averages and volume, the bullish momentum is accumulating strength.
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notSatoshi1971
· 12-18 19:00
Ma7 holding steady, it's stable now. With such coordinated volume, what are we waiting for to go long?
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MetaNomad
· 12-18 03:50
Are the bears all out of energy? Then let's just wait and see how the monthly chart unfolds.
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StakeWhisperer
· 12-18 03:48
This move by SOL is really interesting. Holding the MA7 indicates there's still hope, and with volume support, it would be even more solid.
It's also good to take a breath at around 120, just waiting for the rebound to 130.
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RugResistant
· 12-18 03:30
ma7 holding is textbook, but that volume accumulation pattern... analyzed thoroughly and ngl there's potential exploit in the momentum here. common attack vector would be liquidation cascade if we see rejection at 130. DYOR but the setup screams honeypot to me
#美国就业数据表现强劲超出预期 SOL Technical Analysis
The 1-hour candlestick chart shows a clear bullish signal. After breaking through the 133.99 high, the price encountered selling pressure and retraced to around 121.36 to find support. The key point is that the MA7 moving average is holding firmly and has already turned upward.
From a volume perspective, the large-scale sell-off during the previous decline has been fully released, and the bears' momentum is clearly exhausted. During the rebound, trading volume has gradually accumulated and solidified, forming an important foundation for continued upward movement.
Trading Strategy:
- Short-term support is in the 120-122 range, which can serve as a buy zone
- The recent target is around $126-$130
The current rebound is still brewing, but from the perspective of moving averages and volume, the bullish momentum is accumulating strength.