SOL’s short-term rebound has moved above the upper bound of the previous two-hour range, but cross-timeframe confirmation is still one step away. Between 14:00 and 15:00 Beijing time, the SOL/USDT spot 1H candle closed at 121.60 USDT, above the 120.80 high of the combined 12:00–14:00 range, but still below the 121.69 high of the 08:00–12:00 4H candle, which had already closed. The earlier hourly range has been broken, while the upper bound of the larger window still needs to be tested.
This hourly candle’s volume was 23990.31 SOL, up 32.7% from 18078.70 SOL between 13:00 and 14:00. The high of 121.81 briefly moved above 121.69, but the candle closed below it. Price action and volume support an hourly recovery; a breakout above the 4H upper bound will require more complete closing evidence.
I’ll keep the criteria for the two timeframes separate: an expansion of the wider range is confirmed only if the next 4H candle closes above 121.69 and a retest does not fall back below it; if a 1H candle closes back below 120.80, this hourly breakout attempt is invalidated. 1H and 4H are different time buckets, and an intraperiod touch cannot substitute for a candle close.
Source: official SOL/USDT spot closed candles, confirm=1; 1H data through October 5 at 15:00, 4H data through 12:00; these are not the same time bucket. Price is in USDT, and volume is in SOL. For market observation only; this is not investment advice.
I’d prefer to wait for the 4H close to confirm a break above 121.69. If the price continues higher over the following hours while the 4H candle still closes below 121.69, what closed-candle evidence would you use to overturn this waiting criterion?