Look at how SOL is going next; just focusing on the daily chart is clearly not enough. You need to connect the hourly, daily, and weekly timeframes to truly understand what this current wave of volatility means within the larger trend.
**Where Are the Short-Term Opportunities**
On the 4-hour timeframe, SOL's recent performance is actually quite interesting. The price found support around $117-119 and then rebounded—forming a "higher low," which is a good signal for short-term traders. The key question now is: can it push out a "higher high"? If yes, it indicates that the short-term downtrend is really reversing.
Recently, focus on the $122-123 zone, which is a relatively sensitive support level for short-term trading. Looking upward, $128 and $132 act as resistance levels. During this period, trading volume is especially important—when volume breaks through key levels, the signals tend to be more reliable.
**Daily Chart Sets the Mid-Term Tone**
Expanding the view to the daily chart, this is the main battleground for judging the mid-term trend. Currently, SOL is bouncing within a large range on the daily chart—bottom support roughly between $118-125, and the top around $165.
At this position, all major moving averages are above the price, indicating that the mid-term trend is still favoring the bears. The core task for the mid-term is clear: see if it can re-establish above the $150 midpoint line, then continue to push through the upper boundary of the $165 range. Once these two steps are achieved, the mid-term structure can shift from weak to strong, paving the way for further upward extension.
**Timing Is Crucial**
Finally, don’t just focus on the numbers. When multiple timeframes are involved, signals should confirm each other. Only then is a trend reversal more credible.
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SatoshiSherpa
· 11h ago
Multiple timeframes indeed need to be viewed together; otherwise, it's easy to be fooled by the daily chart... The key level at 150 must hold, or else the rebound will be fake.
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GasFeeSobber
· 11h ago
Can't break through 122-123, and forget about 150, the bears haven't had enough yet.
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OldLeekMaster
· 11h ago
I've heard the multi-cycle linkage logic many times, but the key still depends on whether it can break through...
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BlockchainFries
· 11h ago
Levels 122-123 won't be meaningful unless you break through them. 122 is the same as not saying anything. Only through multiple cycle confirmations is it reliable. Don't be fooled by short-term tricks.
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OfflineNewbie
· 11h ago
Pages 122-123, hold on tight, or this rebound will be in vain.
Look at how SOL is going next; just focusing on the daily chart is clearly not enough. You need to connect the hourly, daily, and weekly timeframes to truly understand what this current wave of volatility means within the larger trend.
**Where Are the Short-Term Opportunities**
On the 4-hour timeframe, SOL's recent performance is actually quite interesting. The price found support around $117-119 and then rebounded—forming a "higher low," which is a good signal for short-term traders. The key question now is: can it push out a "higher high"? If yes, it indicates that the short-term downtrend is really reversing.
Recently, focus on the $122-123 zone, which is a relatively sensitive support level for short-term trading. Looking upward, $128 and $132 act as resistance levels. During this period, trading volume is especially important—when volume breaks through key levels, the signals tend to be more reliable.
**Daily Chart Sets the Mid-Term Tone**
Expanding the view to the daily chart, this is the main battleground for judging the mid-term trend. Currently, SOL is bouncing within a large range on the daily chart—bottom support roughly between $118-125, and the top around $165.
At this position, all major moving averages are above the price, indicating that the mid-term trend is still favoring the bears. The core task for the mid-term is clear: see if it can re-establish above the $150 midpoint line, then continue to push through the upper boundary of the $165 range. Once these two steps are achieved, the mid-term structure can shift from weak to strong, paving the way for further upward extension.
**Timing Is Crucial**
Finally, don’t just focus on the numbers. When multiple timeframes are involved, signals should confirm each other. Only then is a trend reversal more credible.