【$SOL Signal】Pullback confirmed, 1H breakout imminent

$SOL The 1H timeframe price has broken above the upper Bollinger Band, with buy orders accumulating around 81.00, and active buy orders continuously pushing higher. The 4-hour MACD histogram is expanding, and in a negative funding rate environment, open interest remains stable, indicating passive pressure on the bears. This fake-out looks suspicious, especially during the weekend early hours when liquidity dries up. Such quick dip followed by a V-shaped rebound is often a tactic used by major players to clear out short-term traders.

🎯Direction: Long

⚡Entry/Orders: Enter in batches within the 79.88 - 80.31 range

🛑Stop-loss: Below 80.31

🚀Target 1: 78.18

🚀Target 2: 77.33

🛡️Trade Management:
- Execution strategy: After reaching the first target, reduce position by half, and move the stop-loss on the remaining position up to the entry price. If the price cannot hold above 80.31, abandon this trade.

The 1-hour RSI is approaching 67, indicating healthy momentum but not overbought. Market depth shows a thick layer of orders just below the 81.00 level, forming a strong support. The 4-hour price has moved above the middle Bollinger Band, and combined with stable open interest despite the price decline, a short squeeze is brewing. The risk-reward ratio exceeds 4, making this setup worth a try.

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