Looking at the SOL chart structure, this wave of market movement is characterized by strong oscillation with a bullish bias, rather than a single-sided surge. After a sharp rise on the hourly chart, there was no obvious increase in volume for a pullback; instead, it moved back and forth around the moving averages, indicating that there are quite a few support levels above.



From the four-hour perspective, it's even more interesting—the bottom continues to rise, and the price remains above that key support line. The overall trend has not been broken, mainly just digesting before making a directional choice. My short-term advice is not to rush into chasing highs.

In terms of operation, if the price can stabilize within the 122-123 range, then we can look forward to testing the 125 area. After breaking through 125, the next key level to watch is around 127.

At the same time, I am also paying attention to the movement of ETH and BTC. The confirmation of the direction of these leading coins clarifies the operational approach in other positions.
SOL0,55%
ETH0,25%
BTC0,17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
StakeOrRegretvip
· 17h ago
Ha, it's the same old moving average consolidation routine. I'm tired of it. --- If I can't hold 122-123, I'll just cut and run. Anyway, it's all gambling. --- Wait, are you sure 127 isn't the ceiling? Last time I said that, everyone ran away. --- It's basically a bet that BTC won't crash today. --- Are there many support buyers? Well, I want to see who will step in when it drops. --- Don't rush to chase the high. I've been hearing that for a month.
View OriginalReply0
MemeTokenGeniusvip
· 17h ago
122-123 if you can't hold it, it's over, this wave looks risky Don't follow the trend blindly, wait for a pullback to decide If 127 can't be broken, it feels like an adjustment is coming How BTC moves, SOL will follow, it's actually that simple 125 is the real watershed, everything before is just clouds
View OriginalReply0
SandwichTradervip
· 17h ago
This wave of SOL is just a correction. Don't be greedy and chase the high; wait for a pullback before acting. If 122-123 holds steady, we can look forward to 125. The logic is clear. Wait for signals from BTC and ETH; only after the big brothers set the tone should we make a move. Feels like we might have to tinker around for a while before a clear direction emerges.
View OriginalReply0
DYORMastervip
· 17h ago
Don't rush to chase higher, that's right, I've fallen for this before. The 127 level is a bit risky, it still depends on how the leading coins move. SOL indeed has no decisive direction this round, just wasting time. Holding above 122 is the key. With the moving averages consolidating like this, it feels like there's still room for a dip at the bottom, don't expect a skyrocket. If 125 breaks, then consider it. Too many follow the trend now, easy to get caught in a trap. BTC is not moving, other coins are just bouncing around aimlessly. I hate this kind of oscillation rhythm the most, better to wait for a clear signal. 127? That's a bit optimistic, guys. Secure 125 first before bragging.
View OriginalReply0
NFT_Therapyvip
· 18h ago
If I can't hold 122-123, I'll just cut my position directly. Don't talk to me about support levels.
View OriginalReply0
BlockchainArchaeologistvip
· 18h ago
Starting to consolidate without volume, this is true strength, unlike some coins that die as soon as they surge.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)