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SOL 4-hour K-line trend analysis: Bulls are gaining momentum but with decreasing energy, the key support level is at 120.0
【Crypto World】The SOL market has shown a clear upward trend in the past 4 hours. Compared to the opening price on 2025-12-26 early morning, the price has experienced a significant increase; there was a rebound compared to 8 PM the previous night; however, it has slightly retreated from the high point at 4 AM the previous night. On the chart, large bullish candles continue to appear, with the last candlestick closing above the opening price, indicating a strong bullish sentiment.
Interestingly, although the price is rising, trading volume is shrinking. The trading volume over the past few hours has been gradually decreasing—this suggests that the buying momentum is weakening during the rally, and the upward strength is diminishing. Caution is needed to see if the price can continue to break through the resistance levels.
From the technical indicators perspective, the MACD histogram has remained positive and is gradually lengthening, showing a clear bullish advantage. The KDJ indicator is in a neutral zone (value 21), with no golden cross or death cross signals, indicating the market is in a state of oscillation and balance. Further observation is required to see if a clear directional reversal occurs.
Regarding trading suggestions: buying opportunities are seen at the 120.06 and 120.0 levels, with 120.0 coinciding with the current support level. For long positions, stop-loss can be set below 119.46. Selling opportunities are at 128.07 and 125.0, with the former being a recent high and the latter serving as resistance. For short hedging, stop-loss can be placed above 128.71. Overall, the support level is at 120.0, and the resistance ceiling is at 125.0. The recent volatility has been oscillating between 120.06 and 128.07. This technical setup provides a relatively clear framework for short-term traders.