2025.12.20 SOL

Review of December 19th, yesterday SOL showed a trend of oscillating upward during the daytime, rising from the previous low of 116.78 to a high of 127.61 in the evening. It then retraced to a low of 123.55, failed to hold above, and pushed up to 127.86, then retraced again to the current 125.67. It is now in a sideways consolidation phase.
4-hour chart analysis
Bollinger Bands analysis
The Bollinger Bands are narrowing, corresponding to a price range of 130--119, with the middle band trending downward at 124. The candlestick is in a retracement trend after breaking through the middle Bollinger Band. SOL is currently oscillating above the middle Bollinger Band.
MA moving average analysis
The MA5 and MA10 are forming a golden cross and trending upward, corresponding to prices of 125 and 123. The candlestick is consolidating above the MA5, indicating a consolidation phase. The consolidation range is between 127 and 125.
MACD analysis
The MACD lines are below the zero axis and forming a golden cross upward, indicating bullish momentum continues. The market may continue to rise.
RSI analysis
The two lines are parallel and close in value, between 99.48 and 98.99. The market has entered an oversold phase, and the price may rise slightly. Watch whether the RSI breaks above 100, which could accelerate the upward trend.
Conclusion: Sideways consolidation phase
Support levels: 123-121-118
Resistance levels: 127-129-131
Long position strategy: If the price does not break above MA60, consider opening a short position around 129, with a add-on point at 131. Stop loss above 133. First take profit at 125. Second take profit at 123.
Short position strategy: If the price does not fall below MA10, consider opening a long position around 123, with a add-on point near 121. Stop loss below 118. First take profit at 127. Second take profit at 130.