Cryptocurrency Circle Liying: 12.3 Solana (SOL) Uptrend, Technical Signals Strongly Support Bullish Outlook! Latest Market Analysis and Trading Recommendations Explained

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6 hours ago

Crypto Circle Liying: Solana (SOL) Latest Market Analysis

Article Published on 2025.12.3—00:30

The current price of Solana is 138.5. Liying believes that Solana (SOL) is in an upward trend, with strong technical signals supporting a bullish outlook. The moving average system is in a bullish arrangement, with prices consistently above the moving averages, and trading volume has significantly increased, indicating a sustained enhancement of bullish momentum. Additionally, a bullish engulfing pattern has formed in recent candlesticks, further confirming the market's bullish inclination.

The daily candlestick shows a large bullish candle rising from 126.6 to 138, breaking through the previous consolidation range. The hourly candlestick has been continuously rising and is now consolidating at a high level, with bulls in control in the short term. The MACD shows enhanced bullish momentum on the 2-hour chart. The EMA short-term moving average provides strong support, and market sentiment may be driven up, leading to a new round of upward cycles. Please pay attention to risk management.

Today's Latest Price Reference

Long Entry at 135, Add at 132, Stop at 130, Target at 140

Short Entry at 140, Add at 143, Stop at 145, Target at 135

The above analysis is based on market data and trend analysis by Liying and does not constitute investment advice. It is for reference only. We hope to assist others with dreams in finding their place in this unpredictable market and starting their own successful journey.

The content of this article is time-sensitive and for reference only; risks are to be borne by the reader.

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