Today's trend is relatively active, with prices briefly breaking the first support level before quickly rebounding and falling back after reaching the first resistance level. The night market needs to focus on the key positions of the four-hour level for the contest between long and short positions, analyzing the continuation of the trend based on the volume-price relationship. The specific analysis is as follows:
1. Core observation point: 149 is the dividing line for long and short trends
The 149 position is the core indicator for judging whether SOL's short-term pullback has ended; its four-hour closing performance will determine the market direction:
1. Signals and expectations for stabilizing above 149
If the four-hour K-line effectively stabilizes above 149 during the night, it indicates that the intraday breach of the support level is a 'false break', with long forces quickly recovering lost ground, and the market is likely to end the pullback and restart the upward trend.
The upper pressure levels present a tiered distribution:
- Near 151.3: Short-term direct resistance, corresponding to the intraday rebound high, a breakout may open the first round of upward space;
- Near 154: Mid-term key resistance level, a densely contested area for long and short positions, breaking through requires accompanying volume;
- Near 156.5: Long-term resistance reference point, if effectively broken, it may indicate a new wave high, and one should be cautious of the risk of a pullback after the rise.
2. Risks and responses if unable to stabilize above 149
If the four-hour closing cannot stabilize above 149, it indicates that the current rebound is merely a technical correction during the downtrend, with short forces still dominant, and the market may continue to test deeper support levels.
Support levels below are divided into three tiers:
- Near 146.3: Short-term first support, corresponding to the rebound low after breaking intraday, breaking below may trigger short-term selling;
- Near 143.4: Mid-term key support level, the long defense line near the previous low; if lost, it may open up downside space;
- Near 140: Strong support range; if further broken, one should be cautious of the market entering a mid-term adjustment phase, combining market news to judge whether the trend is reversing.
2. Trading strategy and risk control
1. Operational ideas after trend confirmation
- Long position layout:
If the four-hour closing stabilizes above 149, one can consider entering long positions with light positions at lower levels, targeting 151.3 and 154 in sequence. A breakthrough above 156.5 can be observed for higher targets, with a stop-loss set below 149 (around 147) to avoid losses from false breakouts.
- Short position layout:
If the closing drops below 149 and rebounds are blocked at that position, one can consider shorting at high levels with light positions, targeting 146.3 and 143.4 in sequence. If it breaks below 140, further downside can be expected, with a stop-loss set above 149 (around 150.5) to prevent a short trap.
2. Conservative operation suggestions
For investors with low trend grasping ability, it is recommended to wait for clear volume-price matching signals before entering the market:
- Long confirmation: After stabilizing above 149, observe whether the subsequent two K-lines continue to close positively with increasing trading volume, confirming that long forces are solid;
- Short confirmation: After breaking below 149, observe whether there are consecutive bearish lines or increased volume declines, to avoid participating in weak rebounds.
3. Key points for risk control
- Position management: Control the position size of a single trade to 3%-5% of total funds, as SOL's volatility is high, sufficient risk buffer space must be reserved;
- Dynamic stop-loss: Adjust stop-loss space based on the four-hour K-line volatility (reference 2-3 dollar fluctuations), for example, a long position stop-loss can be set 2 dollars below the cost price, and a short position stop-loss can be set 2 dollars above the cost price;
- Market linkage: Pay attention to SOL ecosystem dynamics (such as project launches, technical upgrades, etc.) and overall market trends. As a highly elastic currency, SOL is prone to severe fluctuations influenced by market sentiment.
3. Summary: Volume-price matching determines the effectiveness of the breakout
The SOL night market trend revolves around 149, where long and short positions are competing. If it stabilizes, a continued rebound is expected, but if it loses support, a further pullback may occur. Everyone needs to focus on the four-hour closing pattern and changes in trading volume to avoid being misled by short-term false breakouts. In operations, patience should be maintained, prioritizing right-side trading opportunities after a clear trend, while also preparing for volatility triggered by sudden news.$SOL #SOL走势