Sol Analysis


4-hour Bollinger Bands opening and closing correspond to prices 125, 122, 120. The middle band of the 4-hour Bollinger Bands shows a downward trend. The 1-hour Bollinger Bands opening is expanding at prices 124, 122, 120. The middle band of the 1-hour Bollinger Bands shows an upward trend.
MA Moving Averages: On the 1-hour chart, the price is above MA5, below the upper band, with MA5 crossing above MA10, the middle band, MA30, and MA60 from below. SOL is trending upward without breaking the middle band and not falling below MA5. On the 4-hour chart, the price is above MA5, below the upper band. MA5 is turning upward, crossing above MA10 from below. SOL is trending upward without breaking the upper band and not falling below MA5.
MACD
The dual lines on the 4-hour chart are below the zero axis, with the fast line crossing above the slow line to form a golden cross, indicating increasing bullish momentum. On the 1-hour chart, the dual lines are below the zero axis, forming a death cross, with increasing bullish momentum.
RSI Indicator: The 1-hour RSI is in the normal trading range at 73, 67. The 4-hour RSI is in the normal trading range at 63, 64.
Summary: Range-bound upward movement
Resistance levels: 125, 127
Support levels: 121, 119
High Short Strategy: If the price fails to break above 125 on upward push, establish a short position. Add to the short at 127, first take profit at 123, second take profit at 121.
Low Long Strategy: Long position at 121, add to long at 119, first take profit at 124, second take profit at 126.
SOL1,72%
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