I. Key 4-hour Level: 149.1 determines the short-term direction

In the current market, the 4-hour level trend has become an important basis for judging the short-term trend of Solana (SOL), with the price of 149.1 being a key point of contention between bulls and bears. Its gain or loss will directly influence the subsequent price direction.

1. Stay above 149.1

If the 4-hour candlestick closes firmly above 149.1, it indicates that bullish forces are taking the initiative in short-term games, and the market is expected to continue its upward trend. Even if a minor correction occurs, it is a normal adjustment in the rising process, and there still exists upward momentum. At this time, there are three key pressure levels above:

- 153.2: As a short-term resistance level, this position is an area where the recent price has repeatedly tested without breaking through, gathering a certain amount of trapped positions and profit-taking. If it can successfully break through, it will open up short-term upward space;

- 157.3: An important mid-term pressure level that coincides with key Fibonacci retracement points and is also a previously dense trading area, forming strong resistance to price increases;

- 159.4: A key point in the long-term trend. Once effectively broken through, it can not only break long-term resistance but also potentially trigger market chasing sentiment, pushing SOL to higher price levels.

2. Falling below 149.1

If the 4-hour closing falls below 149.1, bearish forces will dominate, and the 4-hour level market will likely enter a correction phase. At this time, the support levels below will be tested:

- 145.4: As a support level near the recent low, it has a certain buying power and is the first line of defense against bearish probing;

- 142.6: Corresponds to the key moving average support level on the 4-hour level. If this position is lost, it may trigger panic selling and accelerate price declines;

- 140: A strong support area that resonates with a previous important bottom pattern. If it is effectively broken, deeper adjustment risks need to be warned against.

II. Trend Logic and Operation Strategy

Operation Suggestions

- Bullish Outlook: When SOL stabilizes above 149.1 on the 4-hour level, aggressive investors can cautiously try to go long, targeting 153.2 and 157.3 in succession, with a stop loss set around 148.5; conservative investors can wait for a breakthrough of 153.2 and confirmation on a pullback before entering the market.

- Bearish Outlook: If the 4-hour closing falls below 149.1, one can set up short positions on rallies, targeting 145.4 and 142.6 in succession, with a stop loss set near 149.6; or wait for an effective drop below 145.4 to chase short.

III. Risk Warning

1. Market Correlation: The price of SOL is easily influenced by the trends of mainstream cryptocurrencies such as Bitcoin and Ethereum, so it is necessary to pay attention to changes in overall market sentiment.

2. Position Management: Cryptocurrency is highly volatile, it is recommended that a single position should not exceed 10% of total funds, and strict stop loss and take profit settings should be enforced to avoid significant losses due to extreme market conditions.

3. Indicator Assistance: In actual operations, it is recommended to combine technical indicators such as MACD and KDJ with changes in trading volume for comprehensive judgment to prevent single indicators from misleading trading decisions.

Summary

Today's core of SOL's trend lies in the contest for the key price level of 149.1. If the 4-hour close holds this position, the bulls will dominate the market; if it falls below, it faces correction risks. Everyone should closely monitor the 4-hour candlestick patterns and the gain or loss of key points, and formulate trading strategies based on their own risk tolerance to participate in the market rationally.$SOL #SOL走势