SOL 4-hour K-line technical analysis: MACD bullish trend strengthening, key support level 129.0

【CryptoWorld】SOL shows mixed signals over the past 4 hours. The price has rebounded compared to 00:00 yesterday, but the latest candlestick is a bearish candle, with the closing price below the opening price, forming a small bearish candlestick. Trading volume has also declined, showing a divergence between price and volume—price rising while trading activity diminishes, which usually indicates weakening upward momentum.

The MACD indicator provides a relatively optimistic signal. The histogram continues to stay positive and gradually lengthen, reflecting that the bullish force remains strong. However, the KDJ is in a neutral zone (value at 39), with no confirmed golden cross or death cross, indicating the market is still in a buildup phase.

According to key levels marked by technical analysis tools: support is around 129.0, which is a short-term defense line; resistance is in the 142.0-142.1 range. From buy/sell signals, long positions can be initiated between 129.0-129.39 with a stop loss at 128.74; short positions can be considered near 142.0-142.1 with a stop loss above 142.81. The recent high is 142.1, and the low is 129.39, forming a relatively clear volatility range. Overall, the bulls still have technical support, but shrinking volume warrants caution.