SOL is deeply trapped in adjustment, rebound or accelerated decline? Key points will be revealed soon! 📅 Date: March 31, 2025 💰 Current SOL price: 126.1 USDT
Recently, SOL's trend has been weak, market sentiment is cautious, and the battle between bulls and bears has intensified. Will the price stabilize in the support zone and welcome a rebound? Or will it break through key support and accelerate downward? Next, we will analyze SOL's market structure across multiple timeframes, including daily, four-hour, and one-hour charts, to accurately grasp trading opportunities!
📉 Daily level: Bears dominate, testing key support. SOL is still in a downtrend on the daily level, with weak rebound strength and bearish momentum:
The moving average system (MA10, MA30) shows a bearish arrangement, and the short-term trend remains weak, with prices under pressure in the 127-130 range.
MACD is running in a death cross, with green bars continuously expanding, indicating that bears still have the advantage and short-term rebound momentum is insufficient.
Running near the lower Bollinger Band, there is still a possibility of testing lower support in the short term, focusing on the support strength in the 125-120 range.
According to Fibonacci retracement, SOL is currently oscillating at the 0.618 retracement level (around 126). If it breaks down, it may adjust towards the 120-115 area.
📌 Key point analysis:
Short-term support: 125 / 120 USDT
Upper resistance: 130 / 135 USDT
📢 Conclusion: SOL is still in a downtrend. If it cannot stabilize above 125, it may further test the 120-115 area of support.
⏳ Four-hour level: Short-term oscillation, waiting for a directional choice. Looking at the four-hour level, SOL is in a short-term consolidation phase, with unclear direction:
The price is still constrained by the MA30 moving average (around 128), with rebounds facing strong resistance from bears.
MACD double lines are still below the zero axis, with green bars expanding, indicating that the short-term trend remains bearish.
Oscillating near the middle Bollinger Band, but unable to break through effectively; bullish momentum is limited. Attention should be paid to whether the 125 support holds.
📍 Short-term key points:
If SOL breaks 130, it may open up upward space to test the 135-138 area.
If it breaks below 125, it may further test the 120-118 support area.
📢 Conclusion: The four-hour level is oscillating with a bearish bias. Pay attention to the gain or loss of the 125 support. If it breaks down, it may continue to fall.
📊 One-hour level: Short-term oscillation may lead to a breakout. Looking at the one-hour level, SOL is oscillating in a narrow range of 125-128, with short-term trading opportunities gradually emerging:
Price is constrained by the 127-128 area, with multiple unsuccessful attempts to break through; short-term remains dominated by oscillation.
MACD is about to golden cross, but the volume is insufficient, and the short-term may still be in an adjustment state.
The Bollinger Bands are narrowing, and SOL may soon face a directional choice. A breakout above 127-130 could lead to further rebounds; otherwise, it may adjust downward.
📍 Short-term key points:
Upper resistance: 127 / 130 USDT
Lower support: 125 / 122 USDT
📢 Conclusion: The short-term is still in an oscillation pattern, waiting for a breakout signal. If it breaks below 125, it may continue to decline.
🎯 Operation suggestion 📌 Short-term strategy:
If SOL breaks 130, consider a light long position, targeting 135-138, with a stop loss set at 127.
If it breaks below 125, consider a short position, targeting 120-118, with a stop loss set at 128.
📌 Medium to long-term strategy:
If SOL stabilizes above 130, it may enter a new rebound phase. Wait for a pullback confirmation before entering.
If the 125 support is lost, proceed with caution as a larger correction may follow. Pay attention to the support strength in the 120-115 area.
🚀 SOL is currently at a key point, and the short-term direction is still unclear. It is recommended to patiently wait for the market to provide a breakout signal before making any moves!
