SOL 4-Hour Chart Technical Analysis: Key Support and Resistance Levels Amid Declining Volume

【Crypto World】Looking at SOL’s recent 4-hour trend, the price has shown typical characteristics of high-level oscillation and pullback over the past few days. Compared to 16:00 on January 6th, it has increased, but from 20:00 to now, it has pulled back again, with the overall decline significantly lower than at 20:00 on January 5th. Although a large bullish candle appeared, the last candlestick turned bearish, closing below the opening price, indicating that the bullish momentum is waning.

In terms of trading volume, recent transaction volume has noticeably shrunk, dropping significantly from a few hours ago. This presents a classic signal: rising prices with shrinking volume often suggest weakening upward momentum and can easily turn into a reversal point.

Looking at technical indicators, the MACD does not show a particularly clear trend direction, but the histogram has shifted from positive to negative, indicating that bearish forces are beginning to emerge. The KDJ indicator is in the neutral zone (K value 79), with no clear golden or dead cross signals. A more meaningful reference is the moving averages: MA10 was higher than MA30 at both 20:00 on January 6th and 00:00 on January 7th, but this arrangement actually formed at the top. Coupled with declining volume, it instead hints that a downtrend may soon start.

Combining these analyses, the current market structure is: resistance at around 141.0, peaking near 141.6; support at around 131.0, with the lowest rebound to 128.22.

If you want to enter: consider building a long position in the zones of 132.6 or 126.6, but remember to set a stop-loss at 127.58. If going short, 141.0 is the first target for profit-taking, and an aggressive target could be 144.76, but stop-loss should be set above 142.31, because breaking through here could mean a stronger rebound is possible.

SOL2,68%
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gaslight_gasfeezvip
· 2h ago
I've seen enough signals of declining volume; this wave of SOL is probably going to fall. --- After high-level oscillation and retreat, I knew something was going to happen. The bears are lurking. --- MACD has already turned negative. What are you waiting for? Cut your positions decisively. --- It's always the same pattern: price rises but volume shrinks, clearly indicating a reversal is coming. --- The closing price fell below the opening price. The bulls have really lost momentum. If you don't believe it, let's see what happens. --- KDJ has been in the neutral zone for so long. Sooner or later, a direction will be chosen. The probability of a downward move seems higher. --- Can SOL recover this time? It feels like it's about to break the support level. --- Volume shrinking while price rises is the most annoying. A false breakout warning. --- Looking at this trend, don't catch the bottom; it might still fall further.
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TokenomicsShamanvip
· 10h ago
Decreasing volume with a bearish candlestick reversal, SOL might be testing the support level this time. --- Rebound from high levels with shrinking volume—classic sign of a bullish decline. Bears are starting to get restless. --- MACD bars shift from positive to negative, while KDJ is still idling. This technical picture is indeed a bit ambiguous. --- Here comes the old trick of "rising price with shrinking volume," but if this signal were reliable, everyone would be rich by now. --- It feels like SOL is just making its final struggle before bottoming out. Breaking support is only a matter of time. --- I just want to know when the trading volume will come back; any rebound without volume is just a fake rebound. --- MACD turning negative and still not shorting? Is this the so-called "rational investor"? --- Watching this makes me a bit sleepy. When will there be a sharp drop to buy the dip?
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StakoorNeverSleepsvip
· 01-07 08:10
Volume contraction paired with a bearish candle, this rhythm doesn't feel right, need to see if the support can hold --- It's the same kind of pump-and-dump pattern, a big bullish candle followed by a quick drop, the套路 is worn out --- Basically, the bulls are losing strength, MACD turning negative—are the bears coming? --- Every time there's this kind of volume decrease during an upward move, I've been caught, so I dare not touch --- Moving averages should give a signal soon, right now it's just guessing --- KDJ is oscillating in the neutral zone, the key is to see how the next candle moves --- High-level consolidation isn't surprising, just fighting over support and resistance levels, patience is key --- Volume isn't matching up, this rise is fake, the bears are gathering strength --- The histogram has turned negative, my intuition is screaming again --- It's the same old pattern of volume and price inconsistency, can it fool me this time? Definitely not
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GasGrillMastervip
· 01-07 08:08
Price rises as volume shrinks, isn't this just a trap? The rhythm of SOL is really uncomfortable. --- MACD has already reversed, what are we waiting for? It's really time to escape. --- The neutral zone is the most annoying, not sure whether to buy the dip or run... --- Another familiar high-level trap, seen it every day. --- This time the decline in volume feels really different. A few days ago, I could still buy the dip, but now I'm a bit scared. --- Are the bulls dead? Let's see how long it can hold. --- Damn, I got fooled again. High levels are definitely traps. --- The candlestick has already turned, it was time to get out earlier. It's too late to say anything now. --- Wait for the death cross to confirm before acting. Not gambling on this probability.
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DefiSecurityGuardvip
· 01-07 08:07
volume dying while price goes up? yeah... that's the textbook rugpull setup right there. seen this exact pattern 47 times already. DYOR before you ape in.
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GasGoblinvip
· 01-07 07:45
The shrinking volume is really a trap. Every time I want to buy the dip, it suddenly drops back. This wave of SOL looks like it's testing the bottom, but the MACD has already turned around. High-level oscillation and decline... Basically, the market makers are absorbing the chips, while retail investors are still hopeful. I've seen too many signals of volume-price divergence; it's highly likely to fall next. KDJ in the neutral zone, so just wait. Anyway, there's no movement right now. The logic of these few candlesticks is very clear. The bulls really can't hold on anymore. Volume shrinking combined with a bearish candlestick is definitely a sign of distribution.
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LiquidationWatchervip
· 01-07 07:43
ngl this volume collapse is exactly what precedes the rug pull... been there, lost that. sol's showing all the death omens rn - price up but volume tanking? that's the liquidation threshold warning bell nobody wants to hear. watched this play out in '22 and my health factor still hasn't recovered lmao
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