2026-01-14 04:27:48

SOL surged to around 148.8 last night but encountered resistance and pulled back. The 150 level has yet to be successfully突破. In the short term, the bulls' strength is indeed waning.

Looking at the 4-hour chart, the price has been supported by the middle band and rebounded, with consecutive bullish candles pushing higher. However, it is now approaching the upper band, and clear resistance is felt. The overall movement is essentially a rebound correction, not yet reaching a trend reversal.

My trading approach remains mainly bearish. Focus on the 147-149 zone. If a shorting opportunity arises, consider following it with an initial target around 137. Continue to observe whether this resistance level can be突破. If it cannot突破, look further downward.

SOL-1,52%

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FastLeaver

· 01-14 04:53

150 is the old rival again, always getting stuck here. 137 That wave of space is indeed tempting, just worried the bulls might cause some trouble again. 150 not breaking is a dead bearish signal, I’m betting on it. This rebound doesn’t feel right, I have a feeling I’ll suffer a big loss. 147-149 has been suppressed for so long, a breakout should be coming. In the short term, the bulls are indeed out of energy, I agree with the shorting strategy. 137 should at least give a chance for a breather.

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dws635

· 01-14 04:51

Hold on tight, we're about to take off 🛫

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GasWrangler

· 01-14 04:49

honestly the 150 rejection screams technical weakness... if you actually analyze the bbands behavior here, that upper band resistance is mathematically undeniable. the mean reversion setup down to 137 is actually quite solid from a data standpoint

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VitalikFanboy42

· 01-14 04:34

150 can't even hold, the bulls are really out of strength The short opportunity is here, wait for 147-149 to enter Yesterday's surge was purely a trap to lure buyers The upper band pressure on the 4-hour chart is so obvious, no wonder it didn't break through The rebound correction should be downward, 137 is the target With such heavy selling pressure, expecting a breakout is just wishful thinking The bulls are dead, shorting and lying back to win is not far away

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EntryPositionAnalyst

· 01-14 04:31

150 can't be held down anymore, it feels like the bulls have lost most of their fighting power. 147-149 is indeed a good shorting point, and the steel plate above 150 just can't be broken through. Can 137 be reached? This wave down might give us a nice amount of room to move.

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