This 4-hour chart of SOL looks a bit risky; be wary of the volume-price divergence signal.

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[Crypto World] SOL’s recent 4-hour chart is looking interesting.

Looking at the last few candlesticks, the price has been repeatedly oscillating between 132.03 and 144.67. Now we have a bullish candle, but trading volume has clearly shrunk—this is a warning sign, indicating that upward momentum is weakening.

The MACD histogram, however, has stayed positive and is gradually increasing, which means the bulls are still holding on for now. But the KDJ has shot up to 65—neither a golden cross nor a death cross, sitting awkwardly in a neutral-to-bullish zone. What’s worse is the divergence between price and volume: price is rising while volume is decreasing, casting doubt on the sustainability of this rebound.

The technical reference points are clear:

Long positions: The preferred entry is at 132.03, or you can wait for a pullback to 129.0 if you’re more aggressive. Stop-loss must be set below 131.37—if that breaks, don’t hesitate to exit. Target is 144.67; for a more conservative approach, consider taking some profit at 139.0.

Short opportunities: If the price weakens around 144.67, you can try shorting. An alternative entry is 139.0, with the stop-loss set above 145.39.

Current support is at 129.0, resistance at 139.0. Personally, I prefer waiting for a pullback to the support level before going long—the risk of chasing at this level is too high. Until volume picks up, it’s better to stay on the sidelines.

SOL-4.6%
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GmGmNoGnvip
· 8h ago
Be careful with signals like volume-price divergence; I got burned here last time.
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BridgeJumpervip
· 11h ago
I've seen this pattern of price and volume divergence so many times, it feels like it's about to be a scam again.
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LightningClickervip
· 22h ago
I've seen this kind of divergence between price and volume many times before, and this wave of SOL looks a bit weak...
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quietly_stakingvip
· 12-08 07:50
The price-volume divergence trick is back again. It feels like SOL is about to dump this time... Is 129 a good entry point for bottom fishing? I have my doubts.
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AlwaysMissingTopsvip
· 12-08 07:50
The divergence between volume and price is an old topic; it might be better to just wait for a breakout... 129 is indeed a good entry point, but this time it really depends on whether 144.67 can hold.
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SoliditySurvivorvip
· 12-08 07:49
It's really annoying when volume and price don't match up. I've seen too many cases where bullish candlesticks are just deceptive.
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WealthCoffeevip
· 12-08 07:30
I've been burned before by price-volume divergence... That 129 level is definitely tempting, but I'd rather wait and see—I feel like it's not the bottom yet.
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