12.8 Afternoon session SOL Technical Analysis

SOL's 1-hour cycle presents a rhythm of 'V-shaped rebound - surge and drop - oscillation repair': the current price of 135 is operating above the middle track of the Bollinger Bands, with the upper track at 136.35 coinciding with previous highs forming strong resistance, and the lower track at 129.04 providing support, overall in a strong oscillation range between the middle and upper tracks. Previously, the price quickly plunged to a low of 127.55 before a strong rebound, surging to 136.33 before a significant drop, forming a sharp peak pattern, highlighting significant selling pressure in the 136-136.5 range; the current small upward rebound is a weak repair after a sharp drop, oscillating around the rebound high and low points.

In terms of indicators, the KDJ three lines have been continuously declining from the overbought area (J value once broke 100), with the J value turning down after falling below 50, reflecting a rapid decline in short-term bullish momentum, currently entering an oscillation phase of long and short competition; the MACD narrow red bars have slightly narrowed, indicating that the medium-term bullish trend has not been broken, with short-term only being the digestion of momentum after the rise.

Short-term strategy

Oscillation range: 1-4 hours likely to maintain the 132-136 range整理压力位: 135-136 (previous highs + Bollinger Bands upper track), near 138

Support level: 132-133 (Bollinger Bands middle track), 129-130 (Bollinger Bands lower track + previous rebound level)

Operation suggestion: A light short can be made in the rebound range of 136-139, targeting 131-128; if it stabilizes above 135, it may test the 138 resistance again; if it falls below 132, it is likely to retest the 130-129 range.

The above is only a personal technical analysis suggestion, for reference only, specific operations based on the layout of Mo Yu Shi Pan!