Evening of 12.3

SOL is showing a sharp surge followed by high-level consolidation. It first violently surged from a low of 123.05 to a high of 144.22, an increase of over 17%. Then, it entered a phase of alternating red and green candlesticks, consolidating in a volatile manner. The latest candlestick is a small bullish candle, indicating that the short-term is in a stage of "profit-taking after a strong rally + long-short struggle."

Currently, it is above the middle band of the Bollinger Bands at 140.55, with upper band resistance at 143.43, and lower band support at 137.67. It is in a rhythm of "pullback to the middle band after a rally," with the middle band being the key short-term support.

The KDJ indicator's J value is at a low position, and the K line has crossed below the D line (death cross), suggesting short-term downward pressure. However, after the J value becomes oversold, a rebound may occur. The MACD indicator shows the DIF below the DEA, and the MACD bar is negative, which is a weak bearish phase after a death cross. However, the amplitude of the red and green bars is small, so the pullback pressure has not expanded for now.

In the short term, the 1-hour cycle is mainly characterized by volatile pullbacks and support rebounds. The upper resistance is at the Bollinger upper band 143.43 and the previous high at 144.22. If it can hold above the upper band, the strong momentum may continue. Support below is at the Bollinger middle band 140.55 → lower band 137.67. If it pulls back to the middle band and holds, it is likely to continue to fluctuate with a bullish bias. If it breaks below the lower band, the adjustment range may expand.

In the short term, it is suggested to lightly enter near the 143–147 range on a rebound, with a target around the 139–135 range.

The above is only a personal suggestion and for reference only. Please refer to Haoyu Shipan's layout for specifics $SOL #十二月行情展望 ‌