SOL/USDT Four Hour Chart Analysis

🟢 Current Price: 141.04 USDT

📈 Change: +1.18% (short-term trend is strong)

📊 RSI (14, close): 64.68 (strong zone)

🔄 Trading Volume: Moderate increase, clear signs of buying momentum recovery

I. Trend Analysis

Recently, SOL has rebounded strongly from a low of around 98 USDT, consecutively breaking through several key resistances. It has successfully risen above the previous high pressure of 137.64, structurally entering a short-term bullish trend. The candlestick pattern shows a 'step-like ascent', with higher highs and higher lows, technically establishing an upward channel.

II. Support and Resistance Analysis

🔺 Short-term Resistance Levels:

145.00: Daily small platform dense trading area

150.00: Psychological round number

169~170: March head platform resistance zone

🔻 Short-term Support Levels:

137.64: Previous high turned into pullback confirmation support

130.00: Location of local uptrend line; if lost, there may be adjustment pressure

118.00: Bottom of the previous consolidation platform; breaking this will disrupt the medium-term structure

The current price is trying to challenge the 145 resistance area. If it breaks through with increased volume, a new round of upward space will open.

III. RSI Indicator Observation

RSI is at 64.68, close to 70 but not yet overbought, still has ascending momentum.

The indicator shows no significant divergence, supporting price upward movement.

If it subsequently enters above 70 and continues to flatten, short-term overheating adjustment risks should be noted.

IV. Price-Volume Relationship

Since the recent rebound, trading volume has moderately increased, showing gradual strengthening of market buying pressure. Especially when breaking through 137.64, there was an increase in volume, confirming its effectiveness. If the price continues to rise and trading volume increases simultaneously, it verifies the sustainability of the bullish trend.

V. Operational Suggestions

✅ Trend-following strategy:

If stabilizing near 137.6 after a pullback, consider entering long positions in batches.

Stop-loss suggested below 130 to prevent trend destruction.

📌 Breakout trading strategy:

If breaking through 145 with increased volume, you can add to positions, targeting the 150~160 range.

If RSI shows high-level divergence signals or volume stagnation, beware of short-term adjustments.

🔍 Conclusion:

SOL's current trend has established a rebound structure, with a strong technical outlook. The price has broken through key resistance levels, confirming a short-term bullish logic. Whether it can continue to rise will depend on the strength of the breakthrough at the 145 pressure area and the accompanying volume conditions.

🧠 It is advisable to monitor changes in trading intensity and the RSI momentum indicator, maintain trend-following operations, and avoid blindly chasing highs.