2025-12-24 06:30:49

Solana has recently shown a clear downward rectangular consolidation pattern on the daily chart, with the 121 level clearly becoming the focal point of the bulls and bears争夺. Once this price level is broken below, the subsequent space will depend on where the support levels are below.

From the 6-hour chart, several key points given by the Fibonacci sequence are worth paying attention to. The 4-hour timeframe is even more interesting — if the rebound after breaking below 121 cannot break through this level, it can basically confirm the trend direction. At this point, continuing to look for lower entry opportunities becomes the priority.

⚠️ A reminder: Don’t rush to open a position without a reasonable stop-loss point; risk control always comes first.

SOL-1.2%

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StablecoinSkeptic

· 11h ago

Breaking or not breaking 121 is a matter, but honestly, I'm more concerned about how much deeper it goes below. If this rebound can't break through, it feels like we should just admit defeat. Regarding risk control, I think the author is right; otherwise, it's just gambling.

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ZenZKPlayer

· 12h ago

Whether 121 breaks or not is the highlight; if it breaks, you need to find the next support.

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gm_or_ngmi

· 12h ago

121 break or not is the key, if it breaks, then we look at the next support level --- It's the same old risk control, does anyone really listen? Haha --- Is Fibonacci reliable? Why do I always do the opposite? --- Wait for the breakdown before acting, what's the rush? --- If the rebound can't break through, accept the loss. There's nothing wrong with this logic. --- Solana's recent rectangle consolidation is a bit dull --- What support is below 121? Who knows if it's accurate? --- Not setting a stop loss is like giving away money, I've experienced it firsthand --- Can those few points on the 6-hour chart really guide trading? Honestly --- Wait for the breakdown confirmation before entering, don't rush

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AlphaWhisperer

· 12h ago

If I can get past this hurdle of 121, I might have to wait for a lower entry point.

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TokenomicsTinfoilHat

· 12h ago

121 this level is really tense, whether it breaks or not depends on these two days --- It's Fibonacci again, is it really accurate every time? --- Waiting for a break to throw another dart, I'm losing money --- Have you set your stop-loss properly, everyone? Don't suffer heavy losses --- Rectangular consolidation is so annoying, when will there be a clear direction? --- If the rebound can't break through, continue to sell off; the logic makes sense --- I just want to know how many people still dare to buy the dip after breaking 121 --- If risk control isn't done well, even the best opportunities are just giving away money --- I'm also watching those points on the 6-hour chart, just waiting for confirmation now --- Where is the support below? Does anyone know?

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MultiSigFailMaster

· 12h ago

Once 121 breaks, I'll prepare to buy the dip, but I need to see if the support below can hold first.

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