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SOL big dump broke the previous low point, MACD death cross shows strong short positions.
[Coin World] The recent 4-hour Candlestick shows a significant fall in price compared to 2025-08-11 00:00:00, breaking below the low of 2025-08-10 08:00:00, with a bearish candle. The last Candlestick is a Bearish line, with the Closing Price less than the Opening Price. The current changes in price and volume: the recent volume has increased, with volume rising compared to the previous hours, while the price is decreasing, and volume is increasing: selling pressure is rising. The current analysis of MACD and other technical indicators is as follows: based on MACD analysis, the current market trend is bearish. MACD histogram: the histogram remains negative and is gradually lengthening: bearish traders are strong. KDJ indicator: no KDJ golden cross or death cross. According to KDJ judgment: Overbought, KDJ value is: 83. The MACD line crosses below the signal line from above, forming a death cross. The value of MA10 is greater than the value of MA30, dated 2025-08-11 04:00:00. The value of MA10 is greater than the value of MA30, dated 2025-08-11 08:00:00, indicating a downtrend. Based on the 4-hour Candlestick technical indicators, the analysis indicates: Buy Point 1: Price 177.46 (integer support level, near previous low). Buy Point 2: Price 166.1854. Go long stop loss point: Price 166.06. Sell Point 1: Price 187.61 (price rises to an important psychological level, large pullback pressure). Sell Point 2: Price 187.75. Shorting stop loss point: Price 186.07. The most recent support level: Price 174.0. The most recent resistance level: Price 185.0. The most recent high: 185.14. The most recent low: 166.89. Through the analysis of SOL's 4-hour Candlestick, the specific content is as follows: Based on the 4-hour Candlestick technical indicators, the analysis indicates: Buy Point 1: Price 177.46 (integer support level, near previous low). Buy Point 2: Price 166.1854. Go long stop loss point: Price 166.06. Sell Point 1: Price 187.61 (price rises to an important psychological level, large pullback pressure). Sell Point 2: Price 187.75. Shorting stop loss point: Price 186.07. The most recent support level: Price 174.0. The most recent resistance level: Price 185.0. The most recent high: 185.14. The most recent low: 166.89.