SOL is currently in a tug-of-war on the 4-hour chart, with the apex of the converging triangle approaching, and bulls and bears are clashing head-on. The technical signals reveal an interesting pattern — a preliminary divergence bottom is emerging, but it hasn't been fully confirmed yet. The best strategy at this stage is to buy low and sell high within the core trading range of 140-146, waiting for a breakout by either bulls or bears to add positions, but only if strict stop-losses are in place to prevent being shaken out by repeated oscillations.
Currently, the price is stuck at 142.4. The last three 4-hour candles are forming consecutive doji stars with decreasing volume. There’s no significant volume pushing the price up, nor panic selling pushing it down, indicating that bulls and bears are temporarily evenly matched. On the MACD, the DIF has crossed below DEA to form a death cross, but the green histogram bars are shrinking, which suggests that the bearish momentum is waning. More importantly, the price has not made a new low, and combined with the divergence signals, the rebound expectation is increasing. Looking at the moving averages, the price has retested the 50-period MA and shows signs of turning upward, but it has not yet broken through the strong threshold of 60, and is currently in a phase of oscillation and correction.
In terms of operation, wait until the price stabilizes above 141 and breaks through 142 with increased volume before entering a position lightly, with a stop-loss set at 139.5. The first target is in the 145-146 range; if a smooth breakout occurs, subsequent targets can be set at 148-150.
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OnChainDetective
· 16h ago
nah this setup screams classic fake breakout to me... watched sol do this exact same dance back in march, volume's dead quiet and suddenly everyone's calling a reversal? transaction patterns on-chain don't support any real accumulation here tbh, just whale games between 140-146. maybe i'm paranoid but that divergence looks too clean, statistically suspicious if u ask me.
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PensionDestroyer
· 17h ago
It's the same trick of bearish divergence; I fell for this one last year.
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MidnightGenesis
· 17h ago
The monitor shows the green bar shrinking, and at that moment, the bears start to falter... I've seen too many early signs of this kind of bullish divergence, but the key still depends on the breakout in volume at that instant.
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BuyHighSellLow
· 17h ago
It's another converging triangle. I've seen this routine many times, and in the end, it's always knocked out in the opposite direction.
142.4 holding? I just want to know if this will be a false breakout again. Anyway, I got shaken out here last time.
Bottom divergence? Let's wait until it's fully confirmed before talking. For now, just a guess.
If it stabilizes at 141, I'll go in, but this time I really need to cut losses sharply, or it'll be the same old story.
MACD narrowing makes me want to go long, but this idea is a bit optimistic, brother.
I really don't believe 146 can be easily broken. With such intense long-short tug-of-war, you should be more cautious.
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RebaseVictim
· 17h ago
Same old tricks, bottom divergence, moving averages, stop-loss... can it break through this time?
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RugPullAlertBot
· 17h ago
It's another bullish divergence and a converging triangle, feels like I say this every time haha
SOL is currently in a tug-of-war on the 4-hour chart, with the apex of the converging triangle approaching, and bulls and bears are clashing head-on. The technical signals reveal an interesting pattern — a preliminary divergence bottom is emerging, but it hasn't been fully confirmed yet. The best strategy at this stage is to buy low and sell high within the core trading range of 140-146, waiting for a breakout by either bulls or bears to add positions, but only if strict stop-losses are in place to prevent being shaken out by repeated oscillations.
Currently, the price is stuck at 142.4. The last three 4-hour candles are forming consecutive doji stars with decreasing volume. There’s no significant volume pushing the price up, nor panic selling pushing it down, indicating that bulls and bears are temporarily evenly matched. On the MACD, the DIF has crossed below DEA to form a death cross, but the green histogram bars are shrinking, which suggests that the bearish momentum is waning. More importantly, the price has not made a new low, and combined with the divergence signals, the rebound expectation is increasing. Looking at the moving averages, the price has retested the 50-period MA and shows signs of turning upward, but it has not yet broken through the strong threshold of 60, and is currently in a phase of oscillation and correction.
In terms of operation, wait until the price stabilizes above 141 and breaks through 142 with increased volume before entering a position lightly, with a stop-loss set at 139.5. The first target is in the 145-146 range; if a smooth breakout occurs, subsequent targets can be set at 148-150.