1. Daily analysis: SOL fluctuates and adjusts, and $141 becomes an important support level
From the daily chart, SOL has entered a period of shock adjustment after a rapid rebound to a high point in the early stage. The current price is $141, which is above MA10 ($139). In the short term, the bulls have a slight advantage, but the upper pressure is obvious. Since the beginning of October, the SOL price has been supported near $140 many times, indicating that this price has strong support.
The MACD indicator shows that the DIF line and the DEA line are gradually flattening, and the green kinetic energy column continues to shorten, indicating that the short-selling force is declining and a rebound is expected in the short term. If the price can continue to hold $141, it may be expected to retest the pressure above $150.
Daily operation suggestions:
If the price stabilizes at $141 and breaks through $144, you can go long with a light position, with the target at $150 and the stop loss set below $138.
If the price falls below $140, it may further fall to the $135 support in the short term. Aggressive investors can try shorting with a light position.
2. Four-hour line analysis: Short-term trend correction, beware of $142 resistance
The four-hour chart shows that SOL has pulled back from the previous high in the short term and is currently fluctuating in the 140-142 USD area. In the short term, the long and short forces are relatively balanced, and MA10 ($140) and MA30 ($142) form short-term resistance, limiting further upward movement of prices.
In terms of MACD indicators, the DIF line and the DEA line are running below the zero axis, but the red kinetic energy column begins to appear, indicating that the bullish force is accumulating in the short term. If SOL can break through the resistance of $142, it may open up further rebound space, with the target looking at $150.
Four-hour operation suggestions:
If the price breaks through $142, you can follow up with long orders with a light position in the short term, with the target at $148-150, and the stop loss set below $140.
If the price fails to break through $142 and falls back below $140, consider shorting with a light position, targeting the $135-138 range.
3. One-hour line analysis: short-term low-level shock, long and short interweaving
From the one-hour chart, the SOL price fluctuates around $141, and the long and short forces are temporarily deadlocked. MA5 and MA10 moving averages are in a state of adhesion, indicating that the short-term fluctuation is small and the market is in a wait-and-see mood. On the MACD indicator, the DIF line and the DEA line are trading sideways near the zero axis, and the green kinetic energy column is gradually shortening, indicating that the short force is weakening, but the bulls have not yet formed a clear counterattack.
If the price continues to remain above $141, it is expected to test the $144 pressure level in the short term; on the contrary, if it falls below $140, it is possible to test the support strength of $135 downwards.
One-hour operation suggestions:
If the price stabilizes above $141, you can go long with a light position, with the target at $144, and the stop loss set below $139.
If the price falls below $140, you can try to short with a light position, targeting the $135 support level.
4. Strategy summary: $141 is the key support. Can SOL break through $142 in the future?
Overall, SOL has entered a correction phase after a rapid rise in the previous period. The current price is hovering around $141. The daily, four-hour and one-hour lines all show signs of weakening short-selling power, but bulls have not yet completely gained the upper hand. In the short term, pay attention to whether the support of $141 can be maintained. If it can stabilize and break through $142, SOL is expected to usher in a round of rebound, with the target of $148-150; on the contrary, if it falls below $140, it may face further downward pressure in the short term.
