2026-01-20 04:25:48

SOL's recent movement is quite interesting. Dropping directly from the high of 148 to 129.82, the speed was really intense. Generally speaking, such rapid declines are often accompanied by oversold conditions, which can lead to technical rebounds.

Currently, the price is at 133.58, very close to the lower Bollinger Band. For technical traders, the lower band is never just a decoration—it usually serves as an important short-term support level. Once touched, the probability of a rebound is quite significant.

From a trading perspective, a more practical approach is as follows: if the price retraces to the 132-126 range, that becomes a good entry opportunity. Looking upward, the 138-145 range is a noteworthy resistance zone. Of course, the specific trading strategy should also consider your risk tolerance and position management.

SOL-3,2%

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rekt_but_vibing

· 10h ago

148 dropped to 129.82, this move is a bit fierce, but oversold rebounds are not a hard rule The lower band of the Bollinger Bands indeed tends to bounce back, the question is whether to bet on it Entering at 132-126 sounds good, but I'm worried about breaking the psychological support level

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DataPickledFish

· 10h ago

The lower Bollinger Band is the players' lifeline, but we still need to see if we can really hold above 133 this time. I need to defend the 132 level; only a rebound will give us some gains. It's another technical rebound and oversold phenomenon. That's true, but who knows if it will continue to drop? If 138 isn't broken, then we really have to come up with a new story. SOL just is what it is. Friends who entered at the 126 bottom are probably still praying. We'll just wait for a rebound signal. At this position, no support can be trusted; it all depends on the market maker’s mood.

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SocialAnxietyStaker

· 10h ago

148 to 129 this drop was quite harsh, but brothers who are trapped, don't worry. This kind of sharp decline might actually be an opportunity. 132-126 I need to wait and see if I can catch the bottom. The lower band of the Bollinger Bands is just a trap, don't be fooled. I can't figure out SOL. Last time, it just rebounded briefly and then continued to plummet. The resistance level at 138-145 was promised, but whether it can break through when it arrives is another story. I'm a bit tired mentally, having to look at charts and positions. Maybe it's better to just place a direct bet. This rebound has a decent probability, but I bet on the opposite direction, that's just my style.

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HackerWhoCares

· 10h ago

148 dropped to 129, this move is indeed fast. I just want to ask, can the lower Bollinger Band hold this time? --- Another technical rebound, another support level. Heard enough of this, brother. --- 132-126 I've already ambushed, just waiting to watch the show. --- Rebound is a rebound, but I feel a bit rushed to enter now. --- Is there really no one bottom-fishing around 130? So cold. --- The resistance level at 138-145, I’ve noted it. If I get scared later, I’ll just break through it directly. --- The Bollinger Bands don’t care how much you’re losing, it still depends on the macro. --- Anyone who believes this can rebound, I know they are new to the game. --- I will add a little at 132, take a gamble. --- How promising is the current rebound probability? I don’t feel it at all.

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