2025-12-24 03:32:21

After testing the bottom at 116.71 last Thursday evening, SOL immediately rebounded to 128.74 but then fell back. It is worth following that this rebound did not break through last Thursday's high of 129.00, which is likely to become the top pressure of the next swing trading phase. According to this logical deduction, the swing trading low is expected to be in the range of 112.65-111.25 (provided that it breaks the support level of 120-116.26). Long positions need to remain vigilant.

Another key observation is: if SOL unexpectedly rises to the 130-134 range in the next couple of days, then the real short-term support level will still be anchored at the 116 line. This means that even if an unexpected rise occurs, the target level for a reversal break is relatively clear.

SOL-0.87%

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DataOnlooker

· 16h ago

129 is really stuck at this position, if it can't rebound, we have to look down, gamblers all know that 116 is the last straw... It feels like the long positions are a bit precarious this time, unless it can pump above 130. It's the same logic again, every time they talk about support and resistance, but when it really gets to the point, it still falls through... The rhythm of SOL is really tormenting, it's just rubbing here repeatedly, might as well wait for a clear direction to come out. If 129 can't break, just wait to go to 112, it will save some trouble in between.

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MetaMuskRat

· 16h ago

129 This hurdle is really tough, it feels like the longs are getting anxious this time. 116 If it doesn’t break support, it’s still stable, but I bet 130-134 is coming, and then we’ll see how it plays out. Speaking of which, how’s SOL doing with this fluctuation, and what about Bitcoin? I’m worried it might plummet. This technical position is drawn correctly, just afraid a black swan might suddenly cause trouble. What are the longs being cautious about? They should have run away by now, haha. 112 That bottom line feels precarious, if it falls, will there be anything left? If it really pumps to 134, I need to consider reducing my position, this rebound is too strange. Is 116 the last line of defense? It doesn’t feel that solid. When 130 comes, we’ll just wait for the reverse play. This position really looks like a big pit; whoever chases the price is going to be out of luck.

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