As of the afternoon of January 5, 2026 (Beijing time 14:50), SOL's performance remains quite steady, with quotes fluctuating around 135.6. From the overall rhythm, the bullish pattern is still intact, the daily chart structure continues fully, and the 4-hour bullish arrangement is very clear, though short-term high levels may experience some oscillation.

However, it is also important to pay attention to risk signals. The 1-hour RSI has entered the overbought zone, and the 4-hour MACD momentum is clearly weakening, indicating a need for a pullback in the technical aspect. In other words, when the price can't go up anymore, it's time for a correction; stay calm.

**How to View Key Support Levels**

Recent support levels are very clear: the 134.0-134.5 range is support that has formed after the intraday high, serving as the first line of defense; further down, 132.0-132.5 is a relatively strong support where rebounds are likely; if it continues to decline, the 130.0-131.0 range is a medium-term defensive position, and a breakdown here may require reassessment.

**Resistance Levels Are Equally Important**

Looking upward, 136.5-137.0 is the intraday high formed, which acts as resistance; above that, 137.5-138.0 is a stronger resistance, and caution is advised before breaking through; if volume breaks above 138.0, then 140.0+ becomes a reasonable target.

**Trading Strategy Sharing**

Long positions are the first choice. A prudent approach is to build positions gradually around 130.0-131.0, with stop-loss below 129.0, targeting the 134.0-135.0 range, with each position not exceeding 10% of total funds. For a more aggressive approach, after a rebound and stabilization at 134.0-134.5, you can go long with a stop-loss at 133.0 and target 136.5-137.0, but position size should be more cautious, within 5%. In case of volume breakout above 138.0, small long positions can be added with a stop-loss at 137.0 and a target of 140.0, but such chasing positions should not exceed 3%.

Opportunities for short positions are relatively small. If you insist on shorting, try in batches around 136.5-137.0, with a stop-loss at 137.5, targeting 134.0-134.5, but keep the position size light, within 3%. The key is to exit immediately if it breaks below 138.0—don't wait.

**Risk Control Details**

When holding long positions, move the stop-loss up to 133.0 after profits are realized to lock in most gains. If it falls below 132.0, start reducing positions gradually; if it breaks 130.0, close all. For short positions, avoid overnight holding; take profits near 134.0-134.5 and exit. Keep leverage within 5x, and do not set stop-loss more than 5% of total funds per trade, so even consecutive losses won't be fatal. This is the basic bottom line of risk management.

**Risks to Watch**

The overbought condition on the 1-hour chart and weakening MACD momentum on the 4-hour chart may trigger a correction. Never chase high blindly—this is the easiest way to get caught. Also, pay attention to major news in the SOL ecosystem, fund flows related to ETFs, BTC volatility, and other external factors, as they can often reverse the market.

Of course, this is just a technical analysis approach and not investment advice. The market carries risks; operate cautiously and adjust according to your risk tolerance.