Sol contract recommendation, this model predicts a very high win rate, comments are needed.
Core Analysis Conclusion
Short-term trend contradiction
The daily level MA(7)=112.44 and MA(25)=124.53 form a death cross (some charts show MA25 crossing below MA7), and the long-term moving average MA(99)=171.50 forms strong resistance, indicating that the medium to long-term trend remains bearish.
However, the hourly K-line shows a V-shaped rebound characteristic (the 7th chart), with prices rebounding from a low of $108.21 to $116.83, indicating strong short-term momentum.
Overbought risk warning
RSI(6)=76.51, KDJ's J value=76.67, both close to the overbought range (threshold 70), indicating that prices may experience a technical pullback.
The trading volume has not significantly increased during the rebound (4.76 million SOL), and caution is needed regarding insufficient bullish strength.
Key Price Level Game
Resistance levels: 117.92 (24h high), 124.53 (MA25)
Support levels: 112.44 (MA7), 108.21 (24h low)
Trading Strategy Suggestions
Scenario 1: If the price breaks through $117.92
Long signal: Confirm daily closing above 117.92, and MACD (DIF=-6.92→needs to turn positive) in sync.
Target: 124.53 (MA25) → 130 (psychological barrier).
Stop loss: 116.0 (if broken, the pattern is invalidated).
Scenario 2: If the price falls below $112.44
Short signal: Break below MA7 with increased trading volume, KDJ/J value <50.
Target: 108.21 (previous low) → 105 (Fibonacci extension level).
Stop loss: 115.0 (upper edge of MA7).
High Volatility Response
Leverage recommendation ≤ 5x, avoid overnight gap risk.
If the intraday chart shows a long upper shadow or two consecutive bearish candles, immediately close positions and wait.
Risk Warning
The market is in a high volatility cycle (24h trading volume $538 million), and precautions should be taken against black swan events.
Binance platform fees (0.1%) and slippage may erode profits, it is recommended to use limit orders.
Cryptocurrency trades 7x24 hours, and mobile alerts should be set (e.g., for support/resistance breaks).$SOL
Conclusion: The current price is in a key zone of bulls and bears contesting, it is recommended to wait for a clear breakout signal before following in with light positions (recommended long position), with strict stop loss at 112.0. If holding overnight, at least 1.5% volatility space should be reserved.
