$SOL Signal】1H Bollinger Narrowing, Rebound on Touching Long Position


$SOL 1H Bollinger Bands upper and lower bands only 0.8 USD apart, price consolidating near the middle band at 88.24. 4H MACD histogram has three consecutive shrinking bars, indicating weakening bearish momentum. Buy depth 0.96, sellers slightly dominant but order volume decreasing.
🎯Direction : Long
⚡Entry/Order: 87.98 - 88.17
🛑Stop Loss: 86.13
🚀Target 1: 91.69
🚀Target 2: 93.54
🛡️Trade Management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect capital.
1H RSI 49.43 is in the middle, no extreme values, ample space for rebound. Risk-reward ratio 1.71, current price only 0.2 USD away from the range, waiting for a pullback confirmation is a reasonable choice.
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