【$SOL Signal】1H level MACD golden cross, short covering imminent

$SOL 1-hour MACD histogram turns red and expands, fast and slow lines show a budding golden cross below the water. The 4-hour price stays close to the lower Bollinger Band, but the histogram contracts, indicating weakening bearish momentum. The order book depth favors buy orders over sell orders by 8%, and in a negative fee environment, open interest remains stable, preliminarily meeting short squeeze conditions.

Current price at 84.7, go long directly, with support above 86.7. First target at 83.8, reduce half position upon reaching, second target at 82.8.

The current risk-reward ratio is close to 2:1, which is within an acceptable range. In a negative fee environment, the price not hitting a new low itself is a strong signal. Buy orders around 83.7 on the 1-hour chart show clear support, coinciding with target 1.

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