SOL/USDT Daily K-line Analysis: Rebound Meets Resistance and Pulls Back, Mid-term Downtrend Unchanged

Key Support and Resistance Levels
• Resistance Levels
1. First Resistance: 127.88 (MA5), is the immediate resistance during short-term consolidation. A breakout could target 131.48 (MA50).

2. Second Resistance: 132.48 (MA10), this medium-term moving average is an important dividing line in the bulls and bears battle.

3. Third Resistance: 144.83 (MA100), only after breaking through can the mid-term downward pressure be alleviated.

• Support Levels

1. First Support: 125 integer level, is the current short-term psychological support during consolidation.

2. Second Support: 116.78 (previous low), is the extreme low point of this round of decline. Breaking below will open a new downward space.
Technical Indicator Interpretation

• Moving Average System: Price is below all moving averages, with the mid-term averages in a bearish arrangement. MA5 is turning downward, indicating the mid-term downtrend remains unchanged, and short-term rebound momentum is insufficient.

• MACD Indicator: MACD value (-1.78) is in the negative zone. The DIF line crosses below the DEA line, forming a death cross. The green histogram continues to expand, indicating increased downward momentum and weak rebound strength.

• RSI Indicator: Value is 40.67, in a neutral to slightly bearish zone, not yet entering overbought territory, reflecting that bullish strength still needs further accumulation.

• Volume: During the pullback, trading volume has decreased, showing that selling pressure is temporarily easing. However, volume did not significantly increase during the rebound, indicating strong market hesitation.
Summary and Trading Suggestions

Currently, SOL/USDT is in a pattern of “rebound meets resistance and pulls back, mid-term downtrend remains.” If the price increases volume and breaks above 127.88 (MA5) and stabilizes, it can be considered bullish, targeting 132.48 (MA10). If it retests and breaks below 125, caution is advised for a second bottom, with key support at 116.78. #特朗普取消对欧关税威胁