SOL 4-hour K-line technical analysis: Bullish momentum weakening, key price levels in the 120-125 range

【CryptoWorld】SOL’s recent trend is worth关注. From the 4-hour K-line, the price has rebounded compared to 16:00 on the 27th, but has slightly retreated compared to 20:00, showing a large bearish candlestick pattern, with the last K-line closing in the red, indicating that the bears are gaining strength.

From the momentum perspective, trading volume is gradually shrinking. Although the price is moving upward, the trading volume is decreasing—this is a典型的 weakening bullish momentum signal, and caution should be exercised regarding a potential pullback.

Regarding the MACD indicator, although the histogram is still in the positive zone, its height is gradually decreasing, indicating that the bullish force is waning, and the market does not have a clear trend direction yet. The KDJ has shown a golden cross, making the situation somewhat neutral—neither overly bullish nor bearish. However, the MA10 remains above the MA30, which is relatively friendly to the bulls.

From a trading perspective, based on key levels analyzed by BOSS Wallet: buy opportunities are at 120.06 and 120.0, with stop-loss set at 119.46. For short positions, consider selling at 124.86 or 124.0, with stop-loss at 125.48. Short-term support is at 120.0, resistance at 124.0, with the price reaching a high of 124.86 and testing a low of 120.06.

Overall, SOL has been oscillating within the 120-124.86 range. The upward momentum is weakening, and attention should be paid to whether trading volume can effectively support the move; otherwise, the rebound may lack follow-through.