December 15th Sol Analysis

On the 4-hour chart, the Bollinger Bands are expanding with the bands opening up, and the middle band is continuously declining. Currently, the three lines are at 138.3, 133.2, and 128. respectively. The Bollinger Bands on the 1-hour chart are generally in a downward arrangement.

From the moving average system observation, in the 4-hour cycle, the short-term moving averages have already turned downward, and the medium- and long-term moving averages also show signs of weakening. The price is currently seeking support near MA5; on the 1-hour chart, MA5 and MA10 have already turned upward, and the price is attempting to stabilize above MA10.

Regarding technical indicators, the 4-hour MACD is below the zero line, with the fast line flattening and the slow line continuing downward, but the bearish momentum histogram is shrinking; on the hourly chart, MACD has formed a golden cross below the zero line and is beginning to release bullish energy. The RSI indicator shows that on the 4-hour chart, it has formed a golden cross in the oversold area, with values at 17 and 5; on the 1-hour chart, it is in the normal zone, with both lines moving upward simultaneously, currently at 71 and 51.

Operation suggestion: rebounce to around 133-136 to short, with a target down to 127-123.