SOL Recent 4-Hour Price Movement Analysis: Trading Opportunities Revealed by Technical Indicators

【Crypto World】SOL’s recent 4-hour K-line shows interesting trend changes. From a time series perspective, it has slightly risen compared to 12 hours ago, but has declined compared to 8 hours ago. The chart presents a large bullish candlestick, with the latest K-line closing higher than the opening price, demonstrating some resilience among the bulls.

However, the trading volume is quite interesting—recent trading volume has significantly shrunk, with a noticeable decline compared to a few hours ago. This indicates that although the price is somewhat supported, market participation is low, and the overall trading atmosphere is relatively cold.

From a technical indicator analysis: MACD currently shows no clear trend signal; the histogram remains negative but is gradually shrinking, hinting that bullish momentum is gradually strengthening and may reverse the downward trend. Regarding the KDJ indicator, there are no golden crosses or death crosses at the moment, indicating a neutral state, with KDJ values around 65, suggesting that the downward trend still persists.

Based on these indicator combinations, there are two buy opportunities worth paying attention to: the first buy point is at 125.02, and the second is at 126.0. If going long, setting the stop-loss at 124.39 is relatively safe.

On the selling side, the first target is set at 139.09, the second at 135.0. For shorting, the stop-loss should be placed at 139.79.

Support levels are currently stable at 126.0, with resistance above at 135.0. Looking at the extremes, the recent high is 139.09, and the low is 125.02. Overall, SOL still has plenty of room for operation within this range.

SOL-3.06%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
ColdWalletAnxietyvip
· 12-18 01:49
The shrinking trading volume is a bit uncomfortable, feels like a dead cat bounce... --- The MACD histogram is getting shorter and shorter, I'm a bit panicked. Can it really reverse or is another wave coming? --- KDJ stuck at 65, the bulls are losing momentum. Are these two buy points really reliable? I need to check. --- The big bullish candle is a trick, the volume isn't matching up, no point in entering now, afraid of getting trapped. --- Do you think it might suddenly crash down? Feels like it's just one bad news away. --- Although MACD wants to turn around, the trading atmosphere... is a bit cold. I'll keep observing. --- Those who bought on the trend are regretting it. It's better to be cautious this time.
View OriginalReply0
GasFeeSobbervip
· 12-17 04:29
Trading volume shrank, this is awkward; the bulls are willing but powerless. --- MACD is still lingering in the negative zone; can we trust this rebound? --- Wavering around KDJ 65, feeling like it could drop at any moment. --- Wait, where are the two buying opportunities? Why isn't the article finished? --- Price rises but no one follows; this kind of market is the most dangerous. --- A big bullish candle is just a bluff; trading volume is the real truth. --- Again, various indicator signals are chaotic; better to wait and see. --- Is the MACD turning point coming soon? Let's wait and see.
View OriginalReply0
YieldFarmRefugeevip
· 12-17 03:56
Trading volume shrinking, this move is so familiar, the bulls are just pretending --- Still talking about a buying opportunity around KDJ 65, I think it's a selling opportunity --- Again, MACD bars getting shorter... I've chased this signal multiple times, and each time I got trapped --- Just because a candle closes higher, you want to lure me into buying? Wake up, with such low participation, who dares to chase --- Wait, the title mentions two buying opportunities, but there's no follow-up --- Instead of looking at indicators, it's better to see what the main players are doing. Right now, it's obvious they're accumulating --- Refugees say: Divergence between volume and price is the real dangerous signal, okay? --- No signal on MACD, so don't talk about golden crosses, it's purely luck --- Is SOL about to dive here? I'm still waiting for a re-entry point --- The trading atmosphere is too cold, so don't rush orders. If you can't break through, you just can't break through
View OriginalReply0
TradingNightmarevip
· 12-16 02:47
The shrinking trading volume is really ridiculous. How can anyone buy in? This is just a trap. Hmm... do the bulls have strength? It feels like a rebound that can't die. With the KDJ around 65 and still showing a downward trend, I wonder where the buying opportunity is. The large bullish candlestick looks comfortable, but without volume support, honestly, it feels a bit empty. Both MACD and KDJ are conflicting indicators. How should I operate in this situation?
View OriginalReply0
BlockchainTherapistvip
· 12-16 02:47
Is the shrinking trading volume still daring to talk about bullish resilience? Isn't this just bluffing... Let's wait until the trading volume catches up.
View OriginalReply0
MetaLord420vip
· 12-16 02:44
When trading volume shrinks, don't talk about bullish resilience; it's just a weak rebound.
View OriginalReply0
SelfCustodyBrovip
· 12-16 02:38
The shrinking trading volume is really unsustainable; no matter how good the rise looks, it's useless. This rebound feels lacking in momentum, MACD is still dithering... If the volume doesn't catch up, watch out for a sudden drop from high levels, brother. KDJ around 65, still thinking about bottom fishing? I advise you to stay calm. Another big bullish candle and bullish resilience, but the trading volume directly ends in a failure, too classic. Wait until the volume truly picks up before talking; entering now just makes you the bag holder. Although MACD is improving, it hasn't confirmed yet. Don't be so aggressive.
View OriginalReply0
CrossChainMessengervip
· 12-16 02:20
The current volume contraction—do you think it's a bottoming process or main players dumping? Not feeling very solid about it. --- The MACD histogram getting shorter is good news, but the KDJ is still hovering in the neutral zone. This rhythm feels a bit awkward. --- A bullish close is a signal, but the trading volume is too weak. Is anyone following the move? --- Two buying opportunities? I think I'll wait first; this volume clearly looks suspicious. --- Bullish resilience? Uh... I'm more worried about the rebound losing momentum. --- If the trading volume continues like this, the rebound space might be limited. It's better to stay on the sidelines. --- Are you brave enough to buy the dip now? I'm a bit hesitant.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)