SOL 4-hour Candlestick Technical Analysis Overview｜Buy and Sell Levels Summary

[Coin World] The recent 4-hour trend of SOL is quite interesting - the price showed a significant drop from 2025-12-20 16:00, even crossing the low point of that day at 20:00. Compared to the price level at 12:00 the previous day, it is also a decline, forming a bearish engulfing pattern. The last Candlestick is a bearish line, with the Closing Price lower than the opening price, a typical signal of a fall.

In terms of trading volume, there has been a noticeable increase in the last few hours. The price is going down, but the volume has risen, indicating that selling pressure is accumulating.

The performance of MACD is as follows: the histogram remains positive but is gradually shrinking, suggesting a weakening of bullish power. The KDJ indicator is currently in an overbought state, with a value of 88. From the moving average perspective, MA10 is greater than MA30, and this signal has been confirming from 2025-12-20 20:00 to 2025-12-21 00:00, overall showing a rhythm of high-level fluctuations turning to a fall.

According to the technical analysis provided by BOSS Wallet, there are two buying opportunities at the price levels of 117.56 and 119.0; there are also two selling signals at 129.75 and 129.0. The stop-loss for long positions is at 116.97, and the stop-loss for short positions is at 130.4.

The short-term support level is at 119.0, and the resistance level is at 129.0. The high point of this wave is 129.75, and the low point is 117.56. Overall, the market is fluctuating within a key range, and it's important to be cautious of the possibility of short positions gaining strength.