SOL 4-hour K-line trend analysis: Bulls are gaining momentum but with decreasing energy, the key support level is at 120.0

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【Crypto World】The SOL market has shown a clear upward trend in the past 4 hours. Compared to the opening price on 2025-12-26 early morning, the price has experienced a significant increase; there was a rebound compared to 8 PM the previous night; however, it has slightly retreated from the high point at 4 AM the previous night. On the chart, large bullish candles continue to appear, with the last candlestick closing above the opening price, indicating a strong bullish sentiment.

Interestingly, although the price is rising, trading volume is shrinking. The trading volume over the past few hours has been gradually decreasing—this suggests that the buying momentum is weakening during the rally, and the upward strength is diminishing. Caution is needed to see if the price can continue to break through the resistance levels.

From the technical indicators perspective, the MACD histogram has remained positive and is gradually lengthening, showing a clear bullish advantage. The KDJ indicator is in a neutral zone (value 21), with no golden cross or death cross signals, indicating the market is in a state of oscillation and balance. Further observation is required to see if a clear directional reversal occurs.

Regarding trading suggestions: buying opportunities are seen at the 120.06 and 120.0 levels, with 120.0 coinciding with the current support level. For long positions, stop-loss can be set below 119.46. Selling opportunities are at 128.07 and 125.0, with the former being a recent high and the latter serving as resistance. For short hedging, stop-loss can be placed above 128.71. Overall, the support level is at 120.0, and the resistance ceiling is at 125.0. The recent volatility has been oscillating between 120.06 and 128.07. This technical setup provides a relatively clear framework for short-term traders.

SOL-0,61%
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0xLuckboxvip
· 22h ago
I've seen too many cases of shrinkage, and in the end, there's no good outcome. SOL's recent rise is hollow; no one is willing to buy in. Is 120 really the bottom? I don't believe it. MACD looks good, but the neutral and messy state of KDJ is just ridiculous. When will it break out? The bullish momentum has weakened, and you're still daring to call for buying? That's just a trick.
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ForkThisDAOvip
· 22h ago
The classic divergence between price and volume is back again; SOL's recent rally is quite fake.
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CexIsBadvip
· 22h ago
The decreasing volume in this wave is a bit weak, the rise is joyful but lacks momentum. Be careful of catching a falling knife.
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ProtocolRebelvip
· 22h ago
The amount is shrinking, and this kind of market is most likely to crash...
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MEVictimvip
· 22h ago
The price is rising as the volume shrinks, and this wave is really unsustainable. The 120 level might really need to be defended.
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MidnightGenesisvip
· 22h ago
Price and volume divergence, I'm very familiar with this trick. When monitoring the market late at night, I often see these kinds of tricks. SOL's recent rally feels a bit fake; decreasing trading volume indicates genuine funds are retreating. Don't be fooled by the big bullish candles. KDJ is stuck at 21 and not moving, this neutral state is the most annoying, meaning there are no clear signals. My observation is that only if the 120 support level is truly broken can we consider a change; currently, it's still in the testing phase. Based on past experience, this situation actually makes it easier to induce a bullish trap. On-chain data shows that large holders are quietly reducing their positions. Notably, the contract changes in the past two hours suggest another round of trap set for a false breakout.
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