From the 1-hour timeframe, SOL's recent performance is quite interesting. It has formed a "W" shaped bottom around 140, which usually indicates that the decline has come to an end, and a new upward trend may begin.

The price has already broken through the short-term moving average resistance and is now holding above all moving averages. The moving averages are arranged in a golden cross pattern, indicating that the bullish momentum is gradually taking control. However, to be honest, the MACD still shows some lag — the fast line has not completely crossed above the slow line, and the histogram remains in the negative zone. This suggests that although the direction is correct, the upward momentum still needs to be accumulated, and in the short term, sideways movement or slight pullbacks are inevitable.

In terms of trading strategy, it is recommended to consider long positions in the 138-140 range. If it falls below 136, extra caution is needed as this is the short-term defensive bottom line. The targets above can be set at 145, 150, 155, with a final push towards 160. The trend requires patience for confirmation; do not rush to add positions. Let the indicators gradually recover for the correct approach.