SOL/USDT 1-Hour K-Line Analysis: Rebound Momentum Continues, Short-Term Bulls Are Dominant

Key Support and Resistance Levels

• Resistance Levels

1. First Resistance: 125.52 (MA100), a key barrier for short-term rebound, a breakout can target 128.03 (Previous High).

2. Second Resistance: 128.03 (Previous High), an important psychological resistance level, breaking through will open further upside space.

3. Third Resistance: 129.72 (Recent High), only confirmed after breakout can the medium-term rebound trend be validated.

• Support Levels

1. First Support: 124.52 (MA5), the current short-term support for the rebound, a breach may trigger profit-taking.

2. Second Support: 123.56 (MA50), an important psychological support level, a breakdown warrants caution for a pullback.

3. Third Support: 117.07 (Recent Low), the extreme low point of this decline, a break below will open a new downward space.
Technical Indicator Analysis

• Moving Averages: Short-term MA5, MA10 crossing above MA20, MA30 forming a golden cross, with price above all moving averages, indicating short-term bullish strength is dominant, and the medium-term rebound trend is gradually established.

• MACD Indicator: MACD value (0.11) is in positive territory, DIF line crossing above DEA line forming a golden cross, with the red histogram continuously expanding, indicating rebound momentum is strengthening.

• RSI Indicator: Value at 58.37, in the relatively strong zone, approaching overbought area, reflecting that bullish momentum has accumulated some energy, but caution for a pullback is advised.

• Volume: During the rebound, volume has gradually increased, showing continuous capital inflow, and the volume-price relationship is relatively healthy.
Summary and Trading Suggestions

Currently, SOL/USDT is in a pattern of “rebound momentum continuing, short-term bulls prevailing.” If the price breaks above 125.52 (MA100) with volume and stabilizes, it can be considered bullish, targeting 128.03 (Previous High); if it pulls back and breaks below 124.52 (MA5), caution for a pullback is necessary, with key support at 123.56 (MA50).#内容挖矿焕新公测开启