Solana's recent trend is interesting, especially the performance on the one-hour timeframe. The price has been hovering around 136 for a while, and the Bollinger Bands are gradually contracting after widening, indicating that the momentum from the previous sharp decline has diminished significantly.
From a technical perspective, the most noteworthy indicator is the MACD. The fast and slow lines are now close together, and the green histogram bars are gradually shrinking—this is a classic sign of bearish momentum exhaustion, usually signaling that a reversal force is gathering. Looking at the volume, during this sideways consolidation, there have been multiple significant spikes, suggesting that major funds are repeatedly entering and exiting around the 136 level, and a new balance of power is forming.
The current situation is—bears can't push the price down further, while bulls are quietly accumulating energy. The entire market feels like a compressed spring, waiting for a sudden surge from either side. Breakouts often occur at the moment when everyone expects continued consolidation.
Since bulls and bears are repeatedly battling in this zone, the smartest approach is to wait for a clear directional signal. Ignore the sideways fluctuations and act only after a breakout.
**Looking upward**: If the price volume stabilizes above 136.8, consider going long. Entry can be around 136.9 to 137.2, with a target near 138.5, and a stop-loss set at 136.2.
**Looking downward**: If the price falls back below 135.5 with weak rebounds, consider shorting. Entry around 135.3 to 135, with a target at 134.0, and a stop-loss at 135.9.
The most important point: **Let the market decide the direction; we do not pre-judge, only confirm the trend**. Don’t trade until the setup is in place, and don’t hesitate once it is. Use a position size that allows you to sleep peacefully, and always set a proper stop-loss—protecting your capital is always the top priority.
Markets change rapidly, so we need to follow up dynamically and adjust our strategies in real-time.
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TokenomicsTrapper
· 18h ago
lol "major force accumulating at 136" classic setup before the rug, called this months ago when vesting unlocks hit the calendar... honestly if you read the tokenomics contract, this smells exactly like textbook greater fool theory waiting to happen
Reply0
BrokenRugs
· 01-10 08:35
Position 136 is indeed interesting; the main force is repeatedly testing.
View OriginalReply0
UnluckyValidator
· 01-10 08:32
Position 136 is really testing repeatedly. Watching the MACD green bars getting smaller and smaller, it feels like it's truly accumulating energy.
View OriginalReply0
StablecoinSkeptic
· 01-10 08:32
Position 136 is indeed interesting; I'm just worried it might end up being a false alarm after all.
Solana's recent trend is interesting, especially the performance on the one-hour timeframe. The price has been hovering around 136 for a while, and the Bollinger Bands are gradually contracting after widening, indicating that the momentum from the previous sharp decline has diminished significantly.
From a technical perspective, the most noteworthy indicator is the MACD. The fast and slow lines are now close together, and the green histogram bars are gradually shrinking—this is a classic sign of bearish momentum exhaustion, usually signaling that a reversal force is gathering. Looking at the volume, during this sideways consolidation, there have been multiple significant spikes, suggesting that major funds are repeatedly entering and exiting around the 136 level, and a new balance of power is forming.
The current situation is—bears can't push the price down further, while bulls are quietly accumulating energy. The entire market feels like a compressed spring, waiting for a sudden surge from either side. Breakouts often occur at the moment when everyone expects continued consolidation.
Since bulls and bears are repeatedly battling in this zone, the smartest approach is to wait for a clear directional signal. Ignore the sideways fluctuations and act only after a breakout.
**Looking upward**: If the price volume stabilizes above 136.8, consider going long. Entry can be around 136.9 to 137.2, with a target near 138.5, and a stop-loss set at 136.2.
**Looking downward**: If the price falls back below 135.5 with weak rebounds, consider shorting. Entry around 135.3 to 135, with a target at 134.0, and a stop-loss at 135.9.
The most important point: **Let the market decide the direction; we do not pre-judge, only confirm the trend**. Don’t trade until the setup is in place, and don’t hesitate once it is. Use a position size that allows you to sleep peacefully, and always set a proper stop-loss—protecting your capital is always the top priority.
Markets change rapidly, so we need to follow up dynamically and adjust our strategies in real-time.