2025.12.8 SOL

4-hour chart analysis
Bollinger Band analysis
The Bollinger Bands are narrowing, with prices corresponding to 138--129. The middle band is trending downward, corresponding to 134. The candlestick is in a pullback trend after breaking upward through the middle band, and SOL is currently consolidating sideways above the middle band.
Moving Average (MA) analysis
MA5 and MA10 are forming a golden cross and trending upward, corresponding to 134 and 133. The candlestick is consolidating sideways above the MA5, indicating a consolidation phase. The consolidation range is 136--131.
MACD analysis
The MACD lines are forming a golden cross and trending upward below the zero axis, with bullish momentum increasing. The trend may continue to rise.
RSI analysis
The buy line is turning downward, and the sell line is moving up, showing a tendency to form a death cross. The two lines correspond to values 72.05--58.83. The market is in a normal trading phase, and the price may continue to rise. Watch to see if a death cross forms; if not, the price may keep rising.
Conclusion: Sideways consolidation with an upward bias
Support: 130-128-125
Resistance: 137-140-146
Short strategy: If the price does not break above the upper Bollinger Band, you can open an initial short position near 139, with an additional entry near 143. Stop loss if it breaks and holds above 146.
First take profit: 134
Second take profit: 128
Long strategy: If the price does not break below the previous low, you can open an initial long position near 130, with an additional entry near 128. Stop loss if it breaks and holds below 126.
First take profit: 136
Second take profit: 140