sol

12.3 evening
SOL shows a strong upward pattern + oscillation at high price levels; initially surged from a low of 123.05 to a peak of 144.22 with an increase of over 17%, then entered a phase of corrective oscillation with alternating green and red candles, the latest candle being a small bullish one, indicating a short-term phase of "profit-taking after a sharp rise + tug-of-war between buyers and sellers."
Currently, the price is above the middle band of the Bollinger Bands at 140.55, with upper resistance at 143.43 (upper band), and lower support at 137.67 (lower band). It is in a "rise then correction to the middle band" phase, with the middle band as important short-term support.
The KDJ indicator’s J value is in the low zone and the K line has crossed below the D line (death cross), implying short-term correction pressure, but when J is oversold, a rebound may occur. For the MACD indicator, the DIF line is below the DEA, the MACD bar is negative, in a weak phase after the death cross, but the red and green bar range is small, indicating that the correction force has not strengthened.
In the short term, the H1 cycle is mainly oscillating correction + recovery support; upper resistance is 143.43 (upper Bollinger Bands) + previous high at 144.22, if the upper band is held, further strength is possible; lower support is 140.55 (middle band) → 137.67 (lower band), if correction returns to the middle band and holds, it is likely to continue oscillating with an upward bias; if the lower band is broken, the correction range may expand.
Short-term recommendation: if it rebounds to the 143–147 area, consider opening a small position, targeting the 139–135 area.
The above is just a personal opinion, for reference only. For details, please refer to the layout of Hao Vu Thach Ban as the standard $SOL #十二月行情展望 ‌