SOL 4-hour technical analysis: longer weakening, volume-price divergence releasing sell pressure signals

2025-12-21 13:20:12

[Coin World] The performance of SOL in the last 4 hours can be understood as follows: from 8 PM on December 19 to early morning on December 21, there was a significant rise, but the last Candlestick, although it closed bullish (closing price higher than opening price), is a small bullish candle, indicating that the rise momentum is waning.

From a technical indicator perspective, the situation is a bit subtle. Although the MACD histogram remains positive, it is gradually declining—this indicates that bullish forces are weakening and the market lacks strong trend support. The KDJ is at a neutral position (value of 54), showing no signals for a golden cross rise or a death cross decline. Additionally, a volume-price divergence has appeared: prices are falling, but trading volume is increasing, which typically suggests that selling pressure is accumulating.

Based on the above analysis, the current trend is a fluctuating decline. From a trading perspective, the support level is at 119.0, and the resistance level is at 129.0. If you are considering going long, two reference buy points are 117.56 and 119.0, with the corresponding stop loss set at 116.97. For going short, the sell targets can be 129.15 or 129.0, with the stop loss placed at 129.8.

From the recent volatility range, the high reached 129.15 and the low was 117.56. Overall, it has been repeatedly testing within this range.

SOL-2,67%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

ReverseTradingGuru

· 2025-12-24 08:30

The divergence between price and volume is just a trap; I don't believe in the support at 119. What does a small bullish candle indicate? Bullish momentum is weakening, and a bearish trend is coming. Many people might have bought the dip at 117.56 in this wave, but I remain skeptical. KDJ at 54 is like sleepwalking; there are no signals at all. If you ask me, it's safer to wait until a confirmed breakdown before taking action.

View OriginalReply0

GhostAddressHunter

· 2025-12-24 06:10

The divergence between price and volume is indeed a bit concerning; the selling pressure is accumulating, so be careful. --- The momentum of the small bullish candle is weakening; this rhythm doesn't feel right. --- Once again, in this ambiguous neutral position, I find KDJ's indecisiveness most annoying. --- Will the 119 line break directly? It feels like the support strength is average. --- As MACD gradually declines, I knew it wouldn't be very optimistic. Let's wait and see. --- This kind of divergence between price and volume is most likely to induce a rally; the accumulation of selling pressure means a decline is likely. --- Oscillating downward... Saying it is the same as not saying anything. When exactly will the bottom be reached?

View OriginalReply0

AirdropHunterXiao

· 2025-12-21 13:33

The divergence between volume and price is indeed a bit dangerous; it feels like it's about to fall below 119 again.

View OriginalReply0

PrivateKeyParanoia

· 2025-12-21 13:31

The signal of divergence between volume and price is really troublesome, it feels like the selling pressure is building up. --- The small bullish line closed and started to drop, this wave of long positions is doomed, right? --- The MACD bars keep falling, it's just uncomfortable to watch. --- The 119 position must be defended, otherwise, another dip would look bad. --- Volume is rising but the price is falling? Isn't this just a signal before dumping? --- Should I try going in between 117.56 and 119? The risk still needs to be considered. --- The neutral zone is just a pit, whoever enters gets trapped. --- The KDJ at position 54 really has no reference significance. --- Although SOL has risen for a few days, the feeling at the end of the day is just off. --- The power of the longer is weakening, this wave is really about to start dipping.

View OriginalReply0

HodlOrRegret

· 2025-12-21 13:25

The divergence between volume and price... is the bottoming play about to start again? It’s always said this way. A small bullish line closes down, the long positions are really running out of steam. Shall we test 119? But it feels like it needs to be hammered down a bit more. This round of adjustment feels a bit dull, not as straightforward as before.

View OriginalReply0