$SOL Signal : Multiple retracements, 1H contraction waiting for direction


$SOL 1H Bollinger Bands upper and lower bands only $0.9 apart, extremely contracted. MACD histogram turning negative, momentum weakening. The 4H bullish structure remains, MACD double lines above zero but histogram shrinking. RSI 1H 58, 4H 68, not overbought.
🎯Direction : Long (pending order retracement)
⚡Entry/Pending order : 91.45 - 92.91
🛑Stop loss : 88.32
🚀Target 1 : 97.69
🚀Target 2 : 100.82
🛡️Trade management : - Reduce 50% at Target 1, move stop loss to break-even. Exit if price retraces and opens new position.
Funding rate 0.0016% very low, bulls not overheated. OI stable, depth neutral. This narrow consolidation usually indicates a trend reversal is near, risk-reward ratio 1.04 not optimal, but retracing and going long under 4H trend support is a reasonable strategy.
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