SOL 4-Hour K-Line Technical Analysis: Trading Strategy with Support at 121 and Resistance at 128

2025-12-24 13:20:11

【Crypto World】SOL’s performance over the past 4 hours is quite interesting. Compared to the morning of December 24, the price has slightly risen, but it has already fallen back quite a bit since the opening on December 23. The candlestick shows a large bullish body, and the last candle still closed as a bullish candle, with the closing price above the opening—this pattern usually indicates the resilience of the bulls.

However, trading volume is somewhat subdued, with recent hours showing a significant decrease in turnover. Price and volume are moving downward together, indicating that the market is currently in a wait-and-see phase with low participation.

How to interpret the technical indicators? The MACD is quite interesting—its histogram remains negative, but the negative values are gradually narrowing, suggesting that the bearish momentum is weakening and the bulls are quietly gathering strength. The KDJ indicator currently shows no clear golden cross or death cross signals, with values hovering around 25, indicating a neutral to slightly weak state. Divergence between volume and price is also evident.

Trading reference levels are here: for buying, consider 121.31 and 121.0; stop-loss for long positions is set at 120.7. For selling, targets are 128.07 and 128.0; stop-loss for short positions is at 128.71. Recent support is at 121.0, resistance at 128.0, with a clear amplitude range. The high point of this move reached 128.07, and the low point was 121.31, with a very clear box-range consolidation pattern.

SOL-0.69%

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GateUser-7b078580

· 2025-12-27 12:56

Data shows divergence between volume and price... Although I've heard the bullish accumulation argument many times, each time it's uncertain. Let's wait a bit longer, analyze hourly to see if 121 can hold, and for the historical lows, we might need to dig even lower.

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Rugman_Walking

· 2025-12-25 05:32

The divergence between price and volume is a bit frustrating. The bulls' resilience is there, but without volume to follow, it's hard to break through. I feel like it's better to wait for 121 for more stability.

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EternalMiner

· 2025-12-24 13:50

I've seen this pattern of price divergence too many times. Every time, they say to accumulate, but it ends up dropping even more... Do you still dare to buy at 121? I think it's better to wait and see.

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MevTears

· 2025-12-24 13:50

The divergence between price and volume has always been a tricky area; it doesn't seem that simple.

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Web3ExplorerLin

· 2025-12-24 13:34

hypothesis: this whole 121-128 range thing is basically the silk road of sol's current price discovery... like yeah, the volume's whispering instead of shouting, but that macd narrowing? that's the oracle finally getting its signal straight. quantity without conviction tho, which reminds me—isn't this just prolonged indecision dressed up as technical analysis?

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AirdropFatigue

· 2025-12-24 13:21

The situation of price-volume divergence is the most annoying. Watching the bulls gather strength but the trading volume remains dead, it always feels like something is going to happen. Wait, let's talk about it when it drops below the key level at 121. It's a bit risky to enter now.

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