SOL's recent rally has been unstoppable since bouncing from the lows, with a particularly clear upward trend on the 4-hour chart. After reaching 148, the price slightly retraced to around 145. This kind of pullback is a normal rhythm, and the overall upward logic remains intact.
From an indicator perspective, SOL has been trading above the middle band of the Bollinger Bands, with the key support at the middle band being very stable. More importantly, the upper band of the Bollinger Bands is still expanding upward, indicating that the short-term upward channel has not closed, leaving room for further gains.
From a trading standpoint, if the price retraces to the 142-137 range, consider entering positions. Pay close attention to the two price zones at 151-160 above.
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.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
AlphaBrain
· 14h ago
This round, SOL is indeed strong, but whether 142 can hold is the key.
View OriginalReply0
TokenCreatorOP
· 14h ago
This wave of SOL's momentum is really unmatched; with the Bollinger Bands opening so wide, we have to push through it.
View OriginalReply0
MEVSandwichVictim
· 14h ago
I find this rhythm of SOL comfortable to watch, just worried about a sudden dump again.
Can 142 hold? Feels like this time might be different.
If the upper band can't be broken, let's continue to be bullish.
View OriginalReply0
MidnightMEVeater
· 15h ago
Good morning, night creatures. I knew there would be a rebound at 148—that's the standard baiting move before a sandwich attack.
Is the middle band support in the Bollinger Bands stable? Wake up, that's the easiest spot to fool in the robot paradise, waiting to be eaten.
137-142 this arbitrage range sounds good, but you need to ask yourself if you have the time cost to sit here and wait.
151-160 is it really the target or are you about to be bitten again by the liquidity trap?
SOL's recent rally has been unstoppable since bouncing from the lows, with a particularly clear upward trend on the 4-hour chart. After reaching 148, the price slightly retraced to around 145. This kind of pullback is a normal rhythm, and the overall upward logic remains intact.
From an indicator perspective, SOL has been trading above the middle band of the Bollinger Bands, with the key support at the middle band being very stable. More importantly, the upper band of the Bollinger Bands is still expanding upward, indicating that the short-term upward channel has not closed, leaving room for further gains.
From a trading standpoint, if the price retraces to the 142-137 range, consider entering positions. Pay close attention to the two price zones at 151-160 above.