📊 SOL/USDT 1H Technical Deep Dive

1. Trend Structure and Moving Average Patterns

The price retraced from the previous high of 132.09 USDT, rebounded after finding support at 124.59 USDT, and is currently stabilizing around the 128.5 USDT level. The short-term MA5 and MA10 formed a golden cross, with the price above the short-term moving averages, indicating that short-term bullish momentum is temporarily dominant; however, the MA20, MA30, MA50, and MA100 remain in a bearish alignment, with the price constrained by the MA100 (131.31 USDT). The medium-term downward pressure has not been alleviated. This move is only a technical correction from oversold conditions, and a trend reversal remains to be confirmed.

2. Volume-Price Relationship and Capital Flow

During the rebound phase, trading volume increased moderately compared to the decline phase, with volume moving averages turning upward in sync. Funds are flowing back into the market, and accumulation of buy orders at low levels is occurring, indicating short-term capital deployment. However, the volume has not experienced a breakthrough expansion, and the buying strength is insufficient to confirm a trend reversal. Most of the recent volume increase is due to short-term funds covering previous positions, not new large-scale trend-following capital entering the market. Caution is advised for potential volume contraction and a pullback after a high.

3. Multi-Dimensional Technical Indicator Validation

• MACD: DIF and DEA are closely aligned below the zero line, with red bars turning green and then red again, indicating short-term bullish momentum is fluctuating. The indicator has not yet broken above zero, signaling only a weak rebound. A trend reversal requires the MACD to effectively cross above zero and for the red bars to continue expanding.

• RSI: Currently at 46.05, in a neutral to slightly weak zone, not yet in overbought or oversold territory. There is still potential for short-term upward movement, with no clear signs of momentum exhaustion. Attention should be paid to any upward turning signals; if the RSI encounters resistance near 50 and pulls back, a phase correction is likely.

4. Key Price Levels and Market Dynamics

Resistance Levels

1. 129.44 USDT: The MA20 acts as an immediate resistance, serving as the first critical barrier for short-term rebound. A genuine breakout requires volume support; without volume, upward attempts are likely to face resistance and pull back.

2. 131.31 USDT: The MA100 line is a core level for medium-term trend reversal. A volume-supported move above this level could break the medium-term downtrend and open the path for further gains.

Support Levels

1. 128.02 USDT: The MA5 support level, also the lower boundary of the recent rebound consolidation zone, is an important short-term bullish defense line. Falling below this level would weaken the rebound trend, trigger short-term long exits, and lead to sideways movement.

2. 124.59 USDT: The previous low and the starting point of this rebound, representing a critical support level. A confirmed break below this level would invalidate the rebound and trigger a resumption of the downtrend.

Overall, SOL/USDT on the 1-hour chart is in a corrective rebound phase after oversold conditions. Short-term bullish momentum has improved, but medium-term moving averages still exert resistance. The key to future movement depends on whether the 129.44 USDT resistance can be broken with volume and the strength of support below. The interplay of volume and price will be crucial for the continuation of the trend. #Gate每10分钟送1克黄金