📊 SOL/USDT 1H Technical Deep Dive

1. Trend Structure and Moving Average Patterns

After a unilateral decline from the previous high of 143.16 USDT, the price found key support at 124.59 USDT and began to rebound, currently reclaiming the 130 USDT psychological level. The short-term MA5 and MA10 have formed a golden cross upward, and the price has moved above the short-term moving averages, indicating that short-term bullish momentum is temporarily dominant; however, MA20, MA30, MA50, and MA100 remain in a bearish alignment, with the price being suppressed by the MA100 (132.78 USDT). The medium-term downward pressure has not been alleviated, and this rebound is only a technical oversold correction. A trend reversal still needs further confirmation.

2. Volume-Price Relationship and Capital Flow

During the rebound phase, trading volume increased moderately compared to the decline period, with volume moving averages also forming a golden cross. Capital is flowing back into the market, and buy orders at low levels are accumulating, indicating that short-term funds are beginning to position. However, the volume has not shown a breakthrough expansion, and the strength of capital support for a trend reversal is insufficient. Most of the recent volume increase is due to short-term funds covering positions rather than new large-scale trend funds entering. Caution is advised for potential volume contraction and a pullback after a high.

3. Multi-Dimensional Technical Indicator Validation

• MACD: DIF and DEA have formed a golden cross below the zero axis and continue to rise, with the red histogram expanding. Short-term bullish momentum is gradually building, and the indicator has broken above zero, indicating an improved rebound strength compared to earlier. However, whether the red histogram can continue to expand to confirm medium-term momentum remains to be seen.

• RSI: The current value is 53.02, in a neutral to slightly bullish zone, not yet entering the overbought area above 70. Short-term rebound has room to rise, with no clear signs of momentum exhaustion. Attention should be paid to whether the RSI turns downward near the overbought zone, which could trigger a phase correction.

4. Key Price Levels and Market Dynamics

Resistance Levels

1. 132.78 USDT: The MA100 directly suppresses this level, serving as the first key resistance for the short-term rebound. A strong breakout requires volume support; without volume, upward attempts are likely to encounter resistance and fall back.

2. 134.31 USDT: The upper boundary of the previous consolidation platform, representing a core point for medium-term trend reversal. A volume-supported stabilization here could break the medium-term bearish pressure and open the way for further upward movement.

Support Levels

1. 129.38 USDT: The MA20 support level, also the lower boundary of the recent rebound consolidation platform, is an important short-term bullish defense line. Falling below this level would weaken the rebound trend, trigger short-term long exits, and lead to sideways movement.

2. 124.59 USDT: The previous low during the decline and the starting point of this rebound, marking a critical trend dividing line. A confirmed break below this level would mean the rebound has failed, and the price would resume downward movement.

Overall, the SOL/USDT 1-hour chart is in a rebound phase following oversold conditions, with short-term bullish momentum strengthening and MACD breaking above zero. However, medium-term moving average resistance remains, and the key factors to watch are whether volume can break through the 132.78 USDT resistance convincingly and the support strength below. The combination of volume and price action will be crucial for the continuation of the trend. #Gate每10分钟送1克黄金