December 18, 2025 SOL

Review of December 17: Yesterday, SOL was in a sideways consolidation during the daytime. Last night, after testing the upper band of the 4-hour Bollinger Bands at the resistance point of 133, the price declined sharply back to a low of 121, then rebounded to 123, currently in a sideways oscillation state.
4-Hour Chart Analysis
Bollinger Bands Analysis
The Bollinger Bands are widening, with the three lines trending downward, corresponding to prices 132--122. The middle band is also trending downward, corresponding to 127. The candlestick is in a rebound trend after breaking below the lower Bollinger Band, with SOL oscillating above the lower band and moving upward.
MA Moving Average Analysis
The MA5 and MA10 are in a death cross downward, corresponding to prices 124 and 126. The candlestick is consolidating below the MA5 moving average, indicating a sideways correction phase leaning toward a rebound. Consolidation range: 124--121.
MACD Analysis
The MACD lines are below the zero line and have a death cross downward, indicating increasing bearish momentum. The market may continue to decline.
RSI Analysis
The two lines have a death cross downward, with values 20.56--33.80. The market is entering an overbought phase, and the price may rise slightly.
Conclusion: Sideways consolidation with a slight upward bias
Support levels: 121-118-115
Resistance levels: 125-128-130
High-altitude Short Strategy: If the price does not break above and stabilize above the middle band of the Bollinger Bands, consider opening a short position around 127, with a add-on point near 129. If the price breaks above and stabilizes above 132, set stop-loss accordingly.
First Take Profit: 123
Second Take Profit: 118
Low-Position Long Strategy: If the price does not break below the previous low during the decline, consider opening a long position around 121, with an add-on point near 118. If the price breaks below and stabilizes below 115, set stop-loss accordingly.
First Take Profit: 126
Second Take Profit: 130