Based on the Bollinger Bands middle band layout, MACD signals indicate direction
The current SOL price is 138, closely following the Bollinger Bands middle band at 138.20 USDT. This position is a key short-term trend inflection point for bulls and bears; the validity of support will directly determine the subsequent trend.
From a technical indicator perspective, MACD currently shows a slight death cross, but the green histogram has not continued to expand, indicating that the bearish momentum has not been fully released. The market is still in a consolidation phase. Future focus should be on two major signals: first, the DIF line turning upward to form a golden cross with DEA; second, during the price correction, the MACD green histogram continues to narrow or even turns red. The appearance of either signal can confirm that bullish momentum is beginning to gather.
- Entry zone: accumulate long positions in batches during a correction to the 136-132 range, with the lower boundary near previous support levels and resonating with the Bollinger Bands middle and lower bands, offering a higher safety margin. - Targets: 1. First target: 143 (close to previous resistance, can partially take profit); 2. Second target: 153 (after breaking through key resistance, look for further gains, confirmed by sustained increasing volume).$SOL
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1.13SOL
Based on the Bollinger Bands middle band layout, MACD signals indicate direction
The current SOL price is 138, closely following the Bollinger Bands middle band at 138.20 USDT. This position is a key short-term trend inflection point for bulls and bears; the validity of support will directly determine the subsequent trend.
From a technical indicator perspective, MACD currently shows a slight death cross, but the green histogram has not continued to expand, indicating that the bearish momentum has not been fully released. The market is still in a consolidation phase. Future focus should be on two major signals: first, the DIF line turning upward to form a golden cross with DEA; second, during the price correction, the MACD green histogram continues to narrow or even turns red. The appearance of either signal can confirm that bullish momentum is beginning to gather.
- Entry zone: accumulate long positions in batches during a correction to the 136-132 range, with the lower boundary near previous support levels and resonating with the Bollinger Bands middle and lower bands, offering a higher safety margin.
- Targets:
1. First target: 143 (close to previous resistance, can partially take profit);
2. Second target: 153 (after breaking through key resistance, look for further gains, confirmed by sustained increasing volume).$SOL