From the current structure of the SOL surface, the overall transition from the sharp decline recovery to the trend reversal has been completed. On the four-hour level, after forming a clear phase bottom at the 116–118 line, the price has continuously risen and steadily raised the lows. The K-line structure shows a standard pattern of rising lows + consolidation, currently operating in the upper Bollinger band area, indicating that the bulls are in control and it is not just an emotional surge; on the one-hour level, after being pressured near the high of 127.8, there has not been a quick pullback, but rather a sideways digestion of the gains with small bearish and bullish candles. The volume is converging, and the structure is stable, representing a high-level consolidation in a strong market. As long as the critical moving average support is not broken on a pullback, there is still upward momentum to test higher levels.

In terms of operations, it is recommended to focus on low long positions in the 124.5–125.5 area, with a stop loss below 122. The initial target above is around 132, and after a strong breakout, it can be aimed towards around 135. #sol $SOL

SOLUSDT

Perp

125.88

+0.40%