SOL 4-hour chart review: Bull-bear pivot points after simultaneous decline in volume and price

[Crypto World] Just reviewed SOL’s 4-hour chart, and the trend is quite interesting.

From 8 PM on December 5th until now, the price first experienced that sharp drop in the early hours of December 7th, and recently there’s been a slight recovery. The last candlestick closed bullish, but overall, the big bearish candle is still pressing down. Trading volume? Clearly shrinking, much lower than the past few hours. Price is down, and so is volume—a classic quiet market.

Technical analysis, looking at MACD: there’s no clear trend right now, the histogram is still negative but gradually getting shorter—bulls might be slowly gathering strength. KDJ hasn’t shown a golden cross or death cross, with the value stuck at 27, neutral to weak. Also noticed price and volume divergence.

If I were to take action, here’s my view: For longs, 132.06 is the first entry point; for more aggressive positions, 127.0 can be considered, with stop-loss at 131.4. For shorts, watch the 144.67 and 143.0 levels; if it breaks 145.39, exit.

Support is at 127.0, resistance at 143.0. The ceiling for the recent range is 144.67, and the floor is 132.06.

Right now, this position is quite awkward—better to wait until the direction is clearer.