SOL 4-hour K-line analysis: Selling pressure increases, multiple forces weaken, focus on the 128 support level

【CryptoWorld】SOL has shown a significant downward trend in the past 4 hours. Compared to the price two days ago (2025-12-14 04:00), it has sharply retraced and broken through the previous low (2025-12-12 20:00). From the candlestick pattern, the last candle is a bearish one, closing below the opening price, a typical sign of weakness.

The trading volume is interesting—although the price is falling, the volume has increased, indicating that selling pressure is accumulating. In simple terms, it’s not a decline with no volume, but a downtrend with volume, meaning market participation remains, but the direction is clear.

Technical indicators confirm this. Regarding MACD, although the histogram is still positive, it has been shrinking, showing that the bullish momentum is weakening. The KDJ indicator is currently neutral, with a value of 39, indicating the market is oscillating downward without a clear reversal signal for now.

Based on current data, if considering a long position, focus on two price levels: the first buy-in at 129.39, the second at 128.0, with a stop-loss set at 128.74. Conversely, if bearish, target selling at 142.1 and 138.0, with a short stop-loss at 142.81.

Key levels in the near term: support at 128.0, resistance at 138.0. The recent four-hour high is 142.1, and the low is 129.39. Overall, SOL is still in the process of finding a bottom, and traders should watch whether the support can hold.