Current Price: ≈152.30 USDT
Analysis Date: May 31, 2025
Contract Leverage: 100x
In-depth Analysis of Multi-Timeframe Structure
1-Hour Analysis: Trend Structure: Current prices continue to operate between the BOLL middle and lower bands, and the Bollinger Bands are widening, indicating that the downward trend is continuously strengthening;
Trading Volume: Bearish volume is significant, the downward trend is strong, with no signs of a halt in the short term.
Conclusion: Bearish in the short term, need to seize the rebound to enter short.
4-Hour Analysis: BBI Moving Average System: Prices continue to be significantly below BBI (the bull-bear boundary), with bears undoubtedly in control;
Bollinger Line Pattern: The BOLL middle line continues to press down, and the K-line runs along the lower band, with no signs of overselling in the market, leaving room for further decline;
MACD Trend: No signs of a bottom divergence, the fast and slow lines continue to open downward.
Conclusion: The mid-term bearish trend continues to unfold, with no signs of reversal.
Daily Level Analysis: Trend Pattern: After falling from the high point, a complete descending channel structure has formed, overall showing an accelerated downward trend;
Bollinger Bands: The daily BOLL lower band remains open, indicating that volatility has not ended;
Conclusion: The larger timeframe remains under pressure, with bearish rhythm dominating the situation.
SOL Trading Recommendations
Opening Position 152.30
1st Take Profit Level 149.97
2nd Take Profit Level 148.49
Stop Loss Level 155.34
