We are currently in a retracement phase where the price has broken below the lower Bollinger Band. You can consider taking small long positions to eat up the retracement based on the situation.


2025.12.11 SOL
4-hour chart analysis
Bollinger Bands Analysis
The Bollinger Bands are opening up, corresponding to prices 141--129, with the middle band parallel at around 135. The candlestick is in a rebound trend after breaking below the lower Bollinger Band. SOL is now oscillating above the lower Bollinger Band and moving upward.
MA Moving Average Analysis
MA5 and MA10 are forming a death cross and trending downward, corresponding to prices 134 and 136. The candlesticks are consolidating below the moving averages, indicating a consolidation and correction phase. Consolidation range: 136--128.
MACD Analysis
MACD lines form a death cross and trend downward, with the fast line crossing below the zero line. Bearish momentum is strengthening, and the market may continue to decline.
RSI Analysis
Both lines form a death cross and trend downward, with values of 12.64--23.77. The market is in an overbought state, and the price may see a slight increase.
Conclusion: Sideways consolidation with a bias toward correction.
Support: 128-126-123
Resistance: 136-142-145
High-altitude short strategy: If the price does not break above the middle Bollinger Band, consider establishing a short position near 136, with a reentry point at 140. Set stop loss above 142 after breaking and stabilizing.
First take profit: 130
Second take profit: 127
Low-position long strategy: If the price does not break below the lower Bollinger Band, consider establishing a long position near 130, with a reentry point at around 128. Set stop loss below 126 after breaking and stabilizing.
First take profit: 136
Second take profit: 140
SOL-1.72%
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