1. 4-hour key level: 149.8 determines short-term direction
Currently, SOL is facing a pivotal point of bulls and bears at 149.8 on the 4-hour level, and the performance of the close needs to be closely watched:
1. Stabilizing above 149.8:
- If the 4-hour close confirms a breakout of this level, bullish strength will dominate, and the market is expected to continue rising.
- Upper resistance level:
- 152.3 (Short-term resistance, near previous highs);
- 154.8 (Medium-term trading dense area resistance);
- 157.3 (Key point of long-term trend, breakout opens up upward space).
2. Losing below 149.8:
- If the close fails to stabilize, bears may dominate the pullback, testing lower support.
- Lower support level:
- 145 (Recent low, initial support);
- 142.6 (4-hour moving average support, break accelerates decline);
- 140 (Strong support zone, corresponding to previous fluctuation low).
2. Trend logic and operation strategy
- Factors limiting bullish momentum:
Previous trapped positions + heavy short-term profit-taking pressure, breakouts require volume support and market sentiment resonance.
- Operation suggestions:
- Bullish outlook: After stabilizing above 149.8, lightly test long positions, target 152.3-154.8, stop loss at 149 (exit on break).
- Bearish outlook: After breaking 145, one can short on rallies, target 142.6-140, stop loss at 145.5 (stabilization stop loss).
- Conservative strategy:
Wait for a breakout above 152.3 or a drop below 142.6 to follow up, avoiding frequent operations in the fluctuation range.
3. Risk warning
- Pay attention to the correlation with Bitcoin (BTC) price movements and fluctuations during US stock market opening hours;
- Cryptocurrency volatility is intense, position must be strictly controlled, stop loss must be decisive (suggested position ≤ 20%);
- Can combine MACD golden crosses/dead crosses, changes in trading volume to assist in direction judgment, avoiding reliance on a single indicator.
Summary: Today's SOL is engaged in a tug-of-war around 149.8, and the 4-hour close pattern is a key signal. It is recommended to closely monitor this position, flexibly adjust strategies, and prioritize entry after clear breakouts to reduce uncertainty risk.$SOL #SOL走势