SOL 4-hour chart technical analysis: Bullish momentum is strong, with key support at 120

【CryptoWorld】SOL's recent movement is quite interesting. From 12:00 to 16:00 on 2025-12-28, over four hours, the price experienced a slight pullback and then rebounded, clearly moving higher compared to the position at 20:00 the previous day. The latest candlestick is a large bullish candle, closing above the opening price, indicating that the bulls are fighting for control.

Trading volume has been quite supportive—recently, the trading volume has increased significantly, and during the price breakout, volume also followed suit. This simultaneous rise in price and volume signals that the upward momentum is still quite strong.

From a technical perspective, the MACD histogram has remained positive and is gradually expanding, showing that the bullish forces are indeed strong. The KDJ indicator currently shows no clear golden cross or death cross, remaining in a neutral to slightly bullish position (KDJ value at 78). The most noteworthy point is that the MA10 has already crossed above the MA30, which occurred between 16:00 and 20:00 on 2025-12-28, indicating a short-term upward trend in the moving averages.

For specific trading references, BOSS Wallet's analysis suggests two buy-in levels: 119.01 and 120.15. If bullish sentiment is preferred, the stop-loss for long positions can be set at 119.46. The target levels are at 125.0 and 126.41. For short positions, the stop-loss is set at 125.9.

Currently, the support level is around 120.0, with resistance at 125.0. The recent high touched 125.27, and the low was at 120.06. Overall, SOL still has ample room for operation within the 120-125 range.