I. Core Bull-Bear Divide: 145.5
145.5 is the intersection of the upper band of the hourly Bollinger Band and the 50-period moving average, determining the nature of the rebound:
- Bullish signal: If the hourly closing price stabilizes above 145.5 for two consecutive candles, and the trading volume simultaneously increases, it is considered an effective rebound, and the market may attack the resistance level.
- Bearish signal: If a long upper shadow or divergence appears near 145.5 during a rebound, it is considered effective resistance, and the downward trend may continue.
II. Analysis of Support Levels Below
142.4 is the support level connecting the 200-period moving average on the hourly level with recent low points. If the price retraces to stabilize here (such as a bullish candlestick rebound), a small position can be taken to bet on a minor rebound, targeting 145.5, with a stop-loss set below 142. If it breaks below 142.4, the market will probe down to 140.2 (the lower band of the 4-hour Bollinger Band). At this point, a short can be tried when it rebounds to around 142.4. If it further breaks below 140.2, pay attention to 138 (the 50% Fibonacci retracement level on the daily chart). Aggressive traders can try to go long on the left side here, with a stop-loss set below 137.
Risk warning: If it continuously breaks below 138, be cautious of the market accelerating downward to below 135. It is recommended to hold cash and observe.
III. Outlook for Upward Resistance Levels
After stabilizing at 145.5, the market will challenge 147.4 (the recent high point resistance). If it stagnates here (such as showing an engulfing pattern), it can be shorted to bet on a pullback, targeting 145.5, with a stop-loss set above 147.8. After breaking 147.4, the resistance level moves up to 149 (the daily 50-period moving average). This is the mid-term dividing line of strength and weakness between bulls and bears. A breakthrough needs to be accompanied by volume, and after a successful breakthrough, the target looks to 151.3 (the starting point of the previous decline). Breaking 151.3 opens up daily-level upward space, looking up to 155+.
IV. Trading Discipline and Risk Control
1. Position management: Control the position of a single trade within 10% to avoid heavy betting in a single direction.
2. Stop-Loss Principles:
- When going long, if the price breaks below the support level of 145.5, decisively cut losses and exit;
- When shorting, if the price stabilizes above 146 (above the resistance level), you need to acknowledge the mistake and cut losses.
Summary: Night operations revolve around 145.5, with 'holding long, resisting short' as the core logic. Flexibly adjust strategies based on candlestick patterns and volume changes, strictly execute stop-loss discipline, and avoid emotional trading. There are risks in the market, and decisions should be made based on real-time market dynamics.$SOL #SOL走势