SOL 4-hour trend analysis, sharing trading ideas for high sell and low buy within the range



Friends following $SOL should pay close attention to the current 4-hour level trend. The market is currently forming an expanding wedge pattern, with a clear overall oscillating structure. Short-term trading opportunities are straightforward, and here is a precise set of trading reference levels.

First, look at the core support, focusing on the 86-85 range. This position is a key point where previous highs and lows switch, and it also coincides with short-term moving averages, forming a confluence of technical support. It is a strong support zone with multiple technical resonances. If the market retraces to this range later, it is an excellent bullish trading point. Once stabilized, traders can seize short-term bullish opportunities with clear risk control, making operations safer.

Next, look at the resistance above. Short-term resistance is concentrated around the 90-91 range. This is the current stage resistance zone. When the market rebounds to this level, it is likely to face selling pressure and pull back, making it suitable to take profits and exit promptly.

Overall, SOL has not yet formed a clear unilateral trend in the short term. It is entirely possible to implement a high sell and low buy strategy around the core range of 85-90. Buy on dips at support, take profits at rebound resistance, strictly control position sizes and stop-losses, and align with the current oscillating trend for short-term trading. This approach will significantly improve profit probabilities.

Once the market breaks through the range, adjust trading strategies accordingly. For now, focus on these two key zones, avoid blindly chasing rallies or panicking at dips, and steadily capture profits in the oscillating market!
SOL-3.21%
View Original
post-image
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.
  • Reward
  • 9
  • 10
  • Share
Comment
Add a comment
Add a comment
GateUser-6857a9c9
· 59m ago
If the 90-91 pressure level is reached, I will first reduce my position by half, and the rest will depend on whether we can see a volume breakout.
View OriginalReply0
MevTeaDrinker
· 2h ago
If a 4H candle closes above 91 directly, will you chase the breakout or wait for a pullback confirmation before going in?
View OriginalReply0
PrivateKeyInAGlassBottle
· 2h ago
Understood: 85 buy, 90 sell, first profit from the volatility, switch strategies after a breakout.
View OriginalReply0
BridgeSideBanter
· 2h ago
You can buy low and sell high within the range, but don't forget that SOL often pierces support with a quick spike before bouncing back. Don't place orders too close to the edge.
View OriginalReply0
GateUser-4bd1cc87
· 2h ago
One more point: if the 85 level breaks, do not stubbornly hold on when the lower boundary of the wedge fails; during oscillations turning into a downtrend, selling high and buying low can easily lead to increasing losses.
View OriginalReply0
YieldBento
· 2h ago
The idea is good, but the key is discipline: act when in position, wait when not, and don't let emotions lead you to add to your position.
View OriginalReply0
ArbitrageIsn'tAsGoodAsGetting
· 2h ago
I pay more attention to the trading volume coordination; I only dare to buy back when the price retraces to 85-86 with decreasing volume and stabilizes, otherwise it may continue to decline.
View OriginalReply0
ColdBrewSparklingWater
· 2h ago
Note down the support level at 86-85, wait for a pullback to observe the trading volume.
View OriginalReply0
MirrorBallRolling
· 2h ago
If this wave rebounds to 90, I will take profit and exit; recent fluctuations have been frustrating.
View OriginalReply0
View More
  • Pin