SOL/USDT 4-Hour Line Overview: Current price is $141.01, up 1.5% in 24 hours, trading volume is 344 million, and volatility performance is good! Let's analyze this in detail from a technical perspective.

Support Levels

• Short-term support is around $135.

• Strong support has moved down to $130.

• From the indicators, the MACD's DIF is -17.08, and DEA is -13.41, with green bars in a state of expansion, indicating that bearish strength is dominant.

• The RSI(14) value is 35.03, which is close to the oversold area, but there are currently no obvious rebound signals.

Resistance Levels

• The first resistance level to focus on is $147.

• After breaking $147, the next high point is $156 (24h high), but reaching this price in the short term is quite challenging.

• EMA(10) is at $162.24, and EMA(5) is at $151.46; these two moving averages form dynamic resistance, with a very obvious suppressive effect.

Analysis and Opinion

The current trend is bearish, and after the price dropped from the high point, the downward momentum has not yet fully released. The MACD is in a death cross downward state, making it difficult to see a reversal in the short term. The K-line entities on the 4-hour chart show an interleaving of red and green, with volume gradually shrinking, and bears are in control. If bulls want to launch a counterattack, they must firmly hold above $147 and break through with increased volume; otherwise, it is highly likely to continue descending to $130.

Forecast for the Next Week

The overall trend looks bearish, and it is expected to fluctuate downward to the $135 - $130 range. If market sentiment further cools, the possibility of breaking below $130 and testing the $120 support level cannot be ruled out. Brothers, be sure to keep up with the rhythm and closely monitor key points before making moves!

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