SOL 4-hour K-line Technical Analysis: MACD Bullish Revival, Key Support Level at $122 Worth Watching

【Crypto World】The recent 4-hour trend of SOL is quite interesting. Compared to 4:00 PM on December 31, 2025, the price experienced a slight upward movement; by 8:00 PM, some of the gains were retraced; but compared to the morning 8:00 AM level, it still remains lower. The last candlestick closed as a bullish (positive) candle, with the closing price above the opening price, indicating that the bulls still have some activity.

From the trading volume perspective, recent volume has been shrinking. Trading activity has decreased significantly, with trading volume less than a few hours earlier. This “price and volume decline together” reflects a lack of market activity and a decline in participation.

Regarding technical indicators, the MACD does not show a clear trend signal, but the histogram has been in the negative zone and gradually getting shorter—which is actually a positive sign, indicating that bullish momentum is strengthening. The KDJ indicator currently shows no golden cross or death cross, remaining neutral overall, with the KDJ value around 69… Moving averages show that MA10 has already crossed above MA30, a trend that started on 8:00 PM on December 31, 2025, and continued into midnight on January 1, 2026. However, the current movement is volatile, with short-term downward pressure, and a divergence between price and volume.

Based on the latest data, the following reference levels can be considered: the first buy-in reference price is 118.95, and the second is 123.2907; for long positions, set the stop-loss at 122.38; the first sell reference price is 127.0, and the second is 129.54; for short positions, set the stop-loss at 129.22.

The nearest support level is around 122.0, with resistance at 127.0; the historical high reached 128.58, and the lowest point dropped to 122.99. Overall, SOL is still repeatedly confirming these key levels, and short-term trading should focus on the support at 122.0.