SOL/USDT 4-Hour K-Line Analysis: Rebound Meets Resistance and Falls Back, Medium-Term Downtrend Unchanged



Key Support and Resistance Levels

• Resistance Levels

1. First Resistance: 129.19 (MA10), is the immediate barrier to short-term rebound. Breaking through could target the 130 integer level.

2. Second Resistance: 128.92 (MA20), this medium-term moving average is an important dividing line between bulls and bears.

3. Third Resistance: 131.51 (MA30), only after breaking can the medium-term downward pressure be alleviated.

• Support Levels

1. First Support: 125 integer level, is the current short-term psychological support during consolidation.

2. Second Support: 124.59 (recent low), is the extreme low point of this decline. Falling below will open a new downward space.

Technical Indicator Interpretation

• Moving Average System: Price is below all moving averages, with medium-term averages in a bearish arrangement. MA5 and MA10 are turning downward, indicating the medium-term downtrend remains, and short-term rebound momentum is insufficient.

• MACD Indicator: MACD value (0.37) is close to zero, with DIF line approaching DEA line upward. The green bars are narrowing, indicating decreasing downward momentum, but a clear golden cross has not formed yet, and rebound strength is weak.

• RSI Indicator: Value is 38.87, in a neutral to slightly bearish zone, not yet entering overbought territory, reflecting that bullish strength still needs further accumulation.

• Volume: During the pullback, trading volume has decreased, showing temporary easing of selling pressure, but volume during the rebound has not effectively increased, indicating strong market hesitation.

Summary and Trading Suggestions

Currently, SOL/USDT is in a pattern of “rebound meets resistance and falls back, medium-term downtrend unchanged.” If the price increases volume and breaks above 129.19 (MA10) and stabilizes, it can be considered bullish with a target of the 130 level; if it retests and falls below 125, caution is needed for a second bottom. Focus on the validity of the support at 124.59.
SOL0,46%
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