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#数字资产市场动态 SOL's recent trend has been quite good, with a relatively stable performance after a sharp rise and pullback. The lows are gradually moving higher, and the 4-hour chart structure still leans towards a bullish trend.
Currently, the price is at the mid-line, indicating a phase of retracement and consolidation. The resistance level above is in the 128-130 range. Once broken, it could easily lead to an accelerated upward move. The support levels below are at 123-121, which are critical for the bulls to hold.
If the price retraces but does not break below 123, there is still a chance for a rebound to continue. However, if it falls below 121, the structure will weaken, and it will be time to exit.
Bullish traders can build positions gradually within the 123-121 retracement zone, with stop-losses set below 118. The initial target is 128-130. If a breakout occurs, they can aim for the 125-135 range.
Opportunities for shorting are limited and only considered when a failed rally near 130 occurs. The stop-loss should be placed at 133, with targets back at 125-123.
The core logic is simple: buy on retracements, and avoid chasing the rally. SOL at this position, buying low still has a higher success rate than chasing highs.