SOL four-hour chart shows Bollinger Bands continuously narrowing, with the upper band turning downward. Although the price surged and then pulled back, remaining above the middle band, the channel contraction indicates decreasing volatility, and a directional choice is imminent, with a short-term bias toward a downward breakout.
The current position of the lower Bollinger Band is relatively low, and during the convergence phase, it cannot provide effective support; MACD bullish momentum is weakening, with the red histogram shortening, and the DIF and DEA lines approaching each other, indicating an imminent death cross, further reinforcing a bearish signal. Overall, the price rebound is weak, and it is highly likely to break below the middle band and move toward the lower band area.
Recommendation: Short around 141-143, targeting 135-130. For the wave, look near 125#GT2025第四季度销毁完成
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SOL four-hour chart shows Bollinger Bands continuously narrowing, with the upper band turning downward. Although the price surged and then pulled back, remaining above the middle band, the channel contraction indicates decreasing volatility, and a directional choice is imminent, with a short-term bias toward a downward breakout.
The current position of the lower Bollinger Band is relatively low, and during the convergence phase, it cannot provide effective support; MACD bullish momentum is weakening, with the red histogram shortening, and the DIF and DEA lines approaching each other, indicating an imminent death cross, further reinforcing a bearish signal. Overall, the price rebound is weak, and it is highly likely to break below the middle band and move toward the lower band area.
Recommendation: Short around 141-143, targeting 135-130. For the wave, look near 125#GT2025第四季度销毁完成