Although AI is looking at 142 during the day, I think it must rebound to at least 150 in the next four days.

SOL plummets to key support! RSI 23.8 extremely oversold, is a rebound imminent? Smart funds are quietly accumulating, with $138 becoming a lifeline!

Technical Analysis

Price Status:
• Bollinger Band position 27.1% (near lower band 136.36), price is nearing the oversold zone, with a high probability of a short-term rebound
• MA200 deviation -5.19%, holding cost deviation -5.49%, both indicating that the price is significantly below the market average holding cost
• RSI 23.8 (1 hour) enters extreme oversold, strong demand for technical recovery

Market Strength:
• 24-hour trading volume shrinks 59% (volume ratio 0.41), selling pressure weakens but buying is insufficient
• Contract net flow 12h net outflow of $1.06 million, bears dominate but flow rate slows
• Order book shows $596,779 buyer liquidity concentrated in the 138-139.8 range, forming a strong support zone

Key Levels:
• Support: 138.97 ($211k liquidity), 137.0 ($596k barrier)
• Resistance: 140.61 ($371k sell orders), 142.0 ($692k high-pressure zone)
• Liquidity gap: Falling below 137 may trigger a stop-loss waterfall, breaking above 142 will activate short covering

Market Cycle

Mid-cycle bottoming phase in a bear market, funding rate negative (-0.00004267) indicates extreme pessimism, RSI divergence suggests a rebound window is approaching.

Trading Strategy

Short-term long position layout:
• Entry: 138.97 (liquidity support zone)
• Stop Loss: 136.00 (break below previous low support invalidates)
• Target: 142.00 (seller liquidity wall)
• Risk-Reward Ratio: 1:1 (calculation: (142-138.97)/(138.97-136)=3.03/2.97≈1.02)

Risk Warning:
⚠️ If not above 140.6 within 12 hours or if US stocks open with a sharp drop, stop loss is required; position ≤2%! Avoid trading during low liquidity periods in Asia.

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$SOL