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2025.11.11SOL
4-hour line analysis
Boll analysis
The Bollinger Bands are opening, corresponding to prices 171--154, with the middle band trending upwards, corresponding to a price of 163. The K-line is in a retracement trend after breaking above the upper Bollinger Band. SOL is currently in a downtrend, having fallen below the Ma60 moving average.
Ma Moving Average Analysis
The Ma5 and Ma10 death cross is descending, corresponding to prices 167 and 166. The K-line is consolidating above the Ma5 moving average, indicating a bearish consolidation phase. The consolidation range is: 170--165.
MACD analysis
The MACD fast line is turning down, the slow line is moving up, and the bullish volume is weakening, indicating that the market may continue to decline.
RSI analysis
The two lines form a dead cross downward trend, corresponding to values 79.18--84.41. The market is in an overbought phase, and the price may experience a slight decline.
Conclusion: Downward trend in the market
Support: 161-155-149
Pressure: 171-180-187
High-altitude strategy: establish a short position near 171, add position near 180, and set a stop loss above 187 if it breaks and stabilizes.
First Take Profit: 164
Second take profit: 155
Long strategy: Establish a head position long order around 161, add position near 155, and stop loss if it breaks and stays below 149.
First take profit: 171
Second take profit: 180
Congratulations to the friends who took profit according to my high-altitude analysis yesterday. The price successfully reached the second take profit point, and they made a solid gain of 16 points.