SOL 4-hour trend review: Can the MACD bearish trend break 133?

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【CryptoWorld】SOL’s recent 4-hour trend is quite interesting. The price has slightly increased compared to 8 PM yesterday, but since 4 PM it has pulled back again. Overall, it has rebounded a bit from the midday level the day before. However, trading volume is shrinking, and market sentiment has clearly cooled down. This pattern of declining volume and price indicates there’s no short-term heat.

From a technical perspective, it also looks relatively weak. The MACD histogram remains negative and is getting longer, indicating that the bears still have strength to push down. The KDJ oscillator is oscillating around 76, with no clear golden or death cross signals, basically a neutral state. Looking at the candlestick patterns, although the last candle is bullish, the overall trend still lacks direction.

Support and resistance levels are quite clear: recent resistance is in the 141.0–141.6 range, with support at 133.0. If you want to go long, the technical reference points are 134.79 and 133.0; stop-loss can be set at 134.12. Conversely, for short positions, targets can be 141.0 and 141.6, with a stop-loss at 142.31.

Overall, SOL is currently in consolidation, with neither bulls nor bears having a clear advantage. But the shrinking volume combined with expanding negative MACD suggests short-term bears are slightly in the lead. If it can hold above 133.0, there might still be a rebound opportunity; if it breaks below, further support levels will need to be found.

SOL1,8%
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QuietlyStakingvip
· 01-10 15:30
Price and volume are both falling, this situation really isn't meaningful, it feels like everyone is just waiting for the wind to blow.
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OnchainUndercovervip
· 01-10 10:38
Price and volume are both falling together. This wave really lacks momentum, and the MACD is still pushing down. The bears are a bit aggressive.
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ProxyCollectorvip
· 01-10 08:09
The simultaneous drop in price and volume is really frustrating. I can't see any trading opportunities in the short term.
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DaoTherapyvip
· 01-10 08:09
The thing about shrinking volume is the most annoying. The bears are still holding down hard, and if 133 can't be broken, the bulls are pointless.
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GhostWalletSleuthvip
· 01-10 08:08
The shrinking volume and lost popularity, this kind of breakdown signal isn't very good.
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AllTalkLongTradervip
· 01-10 08:05
This wave of SOL really has no momentum. With the volume shrinking like this, how can we talk about a rebound? The bears still have strength. If it breaks 133, just go all in. No hesitation.
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LiquidityWhisperervip
· 01-10 07:56
The simultaneous decline in price and volume is quite brutal. I don't even want to look at the charts in this kind of market.
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SleepyArbCatvip
· 01-10 07:47
In a market where both price and volume are falling and the trend is sluggish, I just took a nap. I'll wait and see if the 133.0 level breaks or not.
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