**Time Range**: 2025-11-29 00:00:00 ~ 2025-12-05 08:00:00
**Data Nature**: Real-time Candlesticks
## Candlestick Pattern Deep Analysis
1. **Strong bearish engulfing pattern around 123.069 (December 3)** - Significant trend reversal signal - Strong bearish signal
2. **Large bullish marubozu candle at 126.259 (December 3)** - Strong buying momentum after bottoming - Very strong bullish signal
3. **Bullish rally reaching 146.877 (December 3-4)** - Rapid price appreciation with consecutive green candles - Strong bullish momentum
4. **Bearish engulfing pattern near 146.805 (December 4-5)** - Rejection at resistance level - Strong bearish signal
5. **Latest candle shows small red body with upper shadow at 139.558** - Selling pressure with some buying support - Moderate bearish signal
## Technical Indicator Analysis
1. **EMA Analysis**:
- EMA10 (140.604) above EMA5 (140.457) - Short-term bullish structure
- EMA99 (139.125) below current price - Long-term support confirmed
- EMA20 (139.217) below current price - Medium-term support established
- Price currently testing EMA10 as resistance
2. **Volume Analysis**:
- Significant volume spike coinciding with the bullish reversal candle (December 3)
- Recent selling volume increasing - Confirming the bearish pressure
- Current trading volume declining - Suggesting consolidation phase
## Support and Resistance Levels
**Resistance Levels**:
- Immediate: 140.600 (EMA10 level)
- Strong: 143.700 (Previous consolidation area)
- Major: 146.900 (Recent high)
**Support Levels**:
- Immediate: 139.100 (EMA99 and EMA20 confluence)
- Strong: 137.800 (Previous consolidation zone)
- Major: 123.100 (Recent bottom)
## Comprehensive Technical Evaluation
The SOL-USDT pair experienced a significant V-shaped recovery from the 123.069 low, with a powerful bullish reversal supported by substantial volume. The price rallied impressively to reach 146.877 before facing rejection. Currently, the price is consolidating around 139.558, testing the EMA10 resistance while finding support at the EMA99/EMA20 zone.
The overall trend remains cautiously bullish as long as the price holds above the EMA99/EMA20 support zone, but the recent bearish engulfing pattern suggests caution. The declining volume during the current consolidation indicates indecision in the market.
## Conclusion
SOL-USDT is currently in a critical decision point after a strong recovery. Traders should consider:
1. **Short-term strategy**: Wait for confirmation of direction - either a break above 140.600 (bullish) or below 139.100 (bearish)
2. **Entry opportunities**: Consider buying near EMA99 support (139.100) with tight stop-loss
3. **Risk management**: Place stop-loss below 137.800 for long positions
**Risk Warning**: The recent volatility suggests caution. The 4.87% daily decline indicates significant selling pressure. Consider smaller position sizes and wider stop-losses until a clearer trend direction emerges.
