【$SOL Signal】Pullback to go long / Main force bottoming out is too obvious

$SOL 1H RSI dropped to 21.74, entering an extreme oversold zone. The 4-hour chart price has broken below the lower Bollinger Band, but open interest remains stable, with no signs of panic selling. Market depth shows buy orders accumulating over 30,000 SOL in the 87.40-87.50 range, while sell orders above 87.53 are unusually thin. The main force's intention to support the price is very clear. This kind of depth imbalance usually indicates that the fuel for short covering is ready.

🎯Direction: Long

⚡Entry: Gradually accumulate in the 86.69 - 86.89 range

🛑Stop Loss: 85.02

🚀Target 1: 94.37

🚀Target 2: 98.11

🛡️Trade Management:
- Execution Strategy: After the price hits the first target of 94.37, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot hold above 88.50, consider exiting early.

Negative funding rate combined with stable open interest indicates that short positions are paying costs. Once buying pressure intensifies, a short squeeze could trigger immediately. The 1-hour MACD green histogram bars are beginning to shrink, indicating weakening downward momentum. The current risk-reward ratio is close to 4:1, making this an opportunity to gamble on a rebound with limited risk.

View real-time market 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL