Recently, I’ve been looking at SOL’s 4-hour chart, and it seems like the market is oscillating back and forth. At the beginning of last month, the price was fluctuating between 100 and 128. At that time, technical indicators showed heavy selling pressure, and trading volume was increasing. The MACD histogram remained negative but was gradually getting shorter, indicating that the bulls were slowly regaining strength. The KDJ value was only 27, and the RSI had fallen below 30. According to conventional logic, such levels are indeed prone to a rebound.



Based on that analysis, the main stop-loss points were set at 99.57 and 128.81, with buy opportunities around 96 and 100, and sell targets at 128.17 and 124. Support was at 96, and resistance at 124. However, now that we’re in April, the price has already broken below those levels, so those old stop-loss points are no longer very relevant. Trading now requires a fresh look at the latest technical data; you can’t just rely on the figures from the beginning of the month.
SOL2,01%
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