SOL 4-hour chart technical analysis: Bullish momentum weakening, key support level at 124.0

【Crypto World】SOL has shown divergence in the recent 4-hour movement. Compared to the levels two days ago, there has been a significant decline, but it has recovered somewhat in the past 20 hours, overall presenting a weak pattern of small bullish candles followed by bearish candles. Trading volume has also shrunk simultaneously, and market activity has noticeably decreased—such a pattern often indicates insufficient participation.

From a technical perspective, although the MACD histogram remains positive, it continues to shrink, indicating that bullish momentum is gradually waning, with no clear trend signals yet. The KDJ indicator stays around 48, in a neutral zone, without forming a golden cross or death cross, suggesting a lack of a clear direction at the moment.

Regarding trading opportunities, recent support is anchored at 124.0, with resistance at 133.0. Specific trading reference points are: if bullish, consider opening a position at 125.02 or 124.0, with a stop-loss set at 124.39; if bearish, look for shorting opportunities at 133.32 or 133.0, with a stop-loss at 133.99. The recent 4-hour fluctuation range is between 125.02 and 133.32.