From the 4-hour chart, SOL is approaching the lower boundary of the triangle pattern. If this rebound cannot break above, the next move could reach double-digit prices.
Regarding trading opportunities at this level, the answer is yes—just with relatively limited profit potential. So far, the price has not broken below the box structure. From a technical perspective, there is indeed a value in going long. The area around 121 is a potential entry zone, with a tight stop-loss to handle the lack of support below.
If the price can hold this level and rebound to around 128, consider taking profits and exiting, then switching to a short position. No matter what others think, I believe this level is worth trading. Even if it results in a loss, I will participate because that is my trading strategy.
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.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
GasGuzzler
· 2025-12-19 03:08
Try 121 empty one hand, anyway it's a gambling mindset, either explode or take off
View OriginalReply0
DegenMcsleepless
· 2025-12-18 12:54
121 Bottom-fishing? I just don't believe SOL can be so obedient. The first two times I did this, I got caught, be careful, it might just be a drizzle again.
View OriginalReply0
NotFinancialAdvice
· 2025-12-18 12:45
I'm also watching 121 bottoming out, but this rebound feels very fake... If it really drops to double digits, I would cry to death.
View OriginalReply0
TommyTeacher
· 2025-12-18 12:27
Position 121 is indeed a good spot to gamble; with tight stop-loss, the risk can still be controlled.
From the 4-hour chart, SOL is approaching the lower boundary of the triangle pattern. If this rebound cannot break above, the next move could reach double-digit prices.
Regarding trading opportunities at this level, the answer is yes—just with relatively limited profit potential. So far, the price has not broken below the box structure. From a technical perspective, there is indeed a value in going long. The area around 121 is a potential entry zone, with a tight stop-loss to handle the lack of support below.
If the price can hold this level and rebound to around 128, consider taking profits and exiting, then switching to a short position. No matter what others think, I believe this level is worth trading. Even if it results in a loss, I will participate because that is my trading strategy.