December 28th SOL Core Conclusion: Narrow fluctuation between $122.5 and $125.5, short-term bias slightly bearish, no strong trend, mainly trading within high risk-reward ratio zones. Total position strictly controlled at ≤30%, beware of low liquidity spikes and false breakouts over the weekend.
1. Key Price Levels (4H/Daily chart, as of 12:00 on December 28th)
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December 28th SOL Core Conclusion: Narrow fluctuation between $122.5 and $125.5, short-term bias slightly bearish, no strong trend, mainly trading within high risk-reward ratio zones. Total position strictly controlled at ≤30%, beware of low liquidity spikes and false breakouts over the weekend.
1. Key Price Levels (4H/Daily chart, as of 12:00 on December 28th)
• Support: 122.5 (4H strong support, tested multiple times), 121 (psychological/volume cluster), 120 (stop-loss level), 118 (strong support)
• Resistance: 124.8-125.5 (20-day moving average/rebound high), 127 (Fibonacci 61.8% retracement), 130 (integer resistance)
2. Core Indicators and Patterns
• Trend: 4H ADX<20, no strong trend, -DI slightly greater than +DI, bears slightly favored; daily chart under 20-day moving average pressure, high-level correction continues
• Pattern: 4H bearish descending wedge, upper boundary at 124.8-125.5 with clear resistance, high probability of downward breakout
• Indicators: MACD positive bars shrinking, momentum weakening; RSI neutral with no obvious divergence; Bollinger Bands narrowing, middle band exerting significant resistance
• Volume: Weekend liquidity is low, breakout requires increased volume + confirmation of 2 consecutive 4H candles, beware of false breakouts
3. Executable Strategies (with risk control)
1. Short Strategy (priority, high risk-reward ratio)
◦ Entry: Light short positions on rebound to 124.5-125.3
◦ Stop-loss: 125.8 (upper boundary of 20-day moving average, exit if volume breakout occurs)
◦ Take profit: 122.5 (partial profit-taking), second target 121, if broken, look for 120
2. Long Strategy (wait for stabilization before entering)
◦ Entry: Light long positions on pullback to 122.5-123 with stabilization (15-minute bullish close)
◦ Stop-loss: 122 (abandon if volume breakdown occurs)
◦ Take profit: 124.5, if broken then target 125.3, with volume increase aim for 127
3. Breakout Strategy
◦ Upward breakout: stabilize above 127 with volume, chase long, target 130, stop-loss 126
◦ Downward breakdown: fall below 122 with volume, chase short, target 120, stop-loss 122.8
4. Risk Control and Execution Points
• Single trade ≤10%, total position ≤30%, avoid leverage or use low leverage
• During low liquidity periods (22:00-4:00 next day), open fewer new positions, existing positions should have pre-set stop-loss
• Breakouts require volume + confirmation of 2 consecutive 4H candles, avoid chasing or holding against the trend