【$SOL Signal】Pullback confirmation, the main force’s intent to support the market is clear

$SOL On the 4-hour timeframe, the MACD histogram has turned red and expanded, and the price is firmly holding above the middle band of the Bollinger Bands. The move on the 1-hour chart quickly dipped to around 79.1 and was promptly pulled back, with the sell pressure fully absorbed—an obvious shakeout action. Since early on the weekend, liquidity is thin; this kind of “hard hold” that doesn’t dip, the decision to provide backing is already visible on the chart.

🎯Direction: Long

⚡Entry/Place Order: Buy in batches within the 79.40 - 79.61 range

🛑Stop Loss: 77.65

🚀Target 1: 87.45

🚀Target 2: 91.37

🛡️Trade Management:
- Execution strategy: After the price touches the first target level, reduce the position by half, and move the stop loss for the remaining position up to the entry price. If the price cannot stay above 80.5 and then drops back below 79.4 again, consider exiting early and monitoring.

The position size stays stable, and when the price slid down, there was no collapse in OI—this is not the main force fleeing the market. Combined with the positive funding rate, market sentiment is bullish but not overheated, which gives the price room to expand upward. The 79.4-79.6 area below is the support-to-conversion zone that was tested multiple times earlier, and also the area where the 4-hour EMA20 sticks together—where buying power is concentrated. The risk-reward ratio is close to 1:4; this setup is worth trying as a “sit-and-wait” play.

View live market 👇 $SOL
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