January 16th SOL Technical Analysis (10:30, current price approximately 142.4)



- Core conclusion: Range-bound with a slight bearish bias, confirming a pullback. Watch the support at 141-142 and resistance at 145-146. Breakouts indicate direction, in sync with BTC momentum.

Key price levels (from near to far)

- Resistance: 145-146 (previous high / daily middle band); 148-150 (round number / trend resistance); 152 (weekly strong resistance).
- Support: 141-142 (EMA60 / 4-hour middle band); 140 (round number / short-term strong support); 138 (EMA120 / medium-term watershed).

Multi-timeframe indicators and patterns

- Daily: EMA7/30/120 in bullish alignment, RSI≈54 neutral, MACD bullish momentum slowing, candlesticks consecutive bearish, caution for deeper correction.
- 4-hour: Rising wedge consolidation, MACD death cross downward, RSI≈48 weak, EMA30 under pressure, clear correction signal.
- Hourly: EMA7 crosses below EMA30, MACD negative, RSI≈46, short-term bearish, rebound weak.
- Pattern and volatility: End of rising wedge, Bollinger Bands narrowing, volatility building, acceleration on breakout.

Actionable trading strategies

1. Long at high: Short at 145-146, stop above 148, target 142-140, break below targets 138.
2. Long at low: Stabilize at 141-142, stop below 139, target 145-146.
3. Breakout: Hold above 148 to go long, stop below 146, target 150-152; break below 139 for rebound short, stop above 141, target 138-136.

Risk management points

- Position size: Single strategy ≤10%, total leverage ≤3x, strictly control drawdown.
- Stop loss: Must be included in orders, confirm breakouts before acting, avoid false signals.
- Signals: 4-hour MACD turns bullish / RSI above 50, correction ends, add to long positions.
SOL-0,83%
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