December 25th SOL Analysis

Reviewing yesterday's recap, SOL's overall trend compared to BTC shows relatively strong performance. After failing to break the 124 resistance level, it declined back to the low of 120, bottomed out and rebounded, reaching 122 this morning.
SOL Analysis
The 4-hour Bollinger Bands are opening downward at prices 127, 124, 120, with the middle band trending downward. The 1-hour Bollinger Bands are opening upward at prices 123, 122, 120, with the middle band trending upward.
MA Moving Averages: The 1-hour chart shows the price below MA5 but above the middle line. MA5 crosses above MA10 and the middle line from below. SOL is moving downward without breaking the middle line, and upward without breaking MA5. The 4-hour chart shows the price above MA5 but below MA10, with MA5 turning upward. SOL is moving downward without breaking the MA5 line, and upward without breaking MA10.
MACD
The 4-hour MACD lines are below the zero axis, with the fast line crossing below the slow line to form a death cross, indicating decreasing bearish momentum. The 1-hour MACD lines are below the zero axis, forming a golden cross, indicating decreasing bullish momentum.
RSI Indicator: The 1-hour RSI is in the normal trading range at 39, while the 4-hour RSI is in the normal range at 53 and 40.
Summary: Range-bound market
Resistance levels: 124, 126
Support levels: 120, 118
High-altitude short strategy: If the price fails to break above 124, establish a short position. Add to the short at 126, with the first take profit at 122 and the second at 120.
Low-altitude long strategy: Long at 120, add to the long at 118, with the first take profit at 124 and the second at 126.