December 17 SOL Analysis Strategy

Resistance Levels: 129.2, 132.8

Support Levels: 124.5, 121.1

If it does not drop below 124.5, go long, add to positions at 121.1, with a self-provided stop loss, first take profit at 129.2, second take profit at 132.8. If it does not break 129.2 upwards, go short, add to positions at 132.8, with a self-provided stop loss, first take profit at 124.5, second take profit at 121.1.

The SOL four-hour chart shows the Bollinger Bands trending downwards, with the corresponding prices: 129.2, 134, 124.5. The one-hour chart shows the Bollinger Bands moving horizontally.

The 4-hour chart's short-term moving average ma5 is turning upwards, while ma10 and ma30 are trending downwards. The market is running between ma5 and ma10, while the one-hour chart shows the short-term moving average ma5 and ma10 both trending downwards, and ma30 is horizontal, with the market maintaining between the short-term moving averages ma5 and ma30.

In the MACD 4-hour chart, there is a dual line trending upwards below the 0 axis, indicating increased bullish momentum. In the one-hour chart, there is a golden cross trending downwards above the 0 axis, indicating increased bearish momentum.

The RSI indicator on the 4-hour chart is flat on the buying line during the oversold trading phase, with the selling line trending downwards, corresponding values are 85, 84. The one-hour chart is flat on the buying line during the overbought trading phase, with the selling line trending downwards, corresponding values are 5, 15.