12.12 SOL Evening Thoughts
From the 4-hour cycle perspective, the price bottom structure shows a clear trend of rising lows, which is a typical characteristic of a consolidation upward or the initial stage of a V-shaped reversal. The Bollinger Bands indicate that the middle band is starting to turn upwards, and the upper and lower bands show signs of expansion, which means that the current consolidation range is being broken, and new trend momentum is building up.
Sol suggests near 135 and 130, targeting 140, and if it breaks and stabilizes, continue to look for 145.
