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【$SOL Signal】Short position, 1H rebound is weak, 4H Bollinger middle band resistance
$SOL The 1H price is firmly pressed below the EMA50, 4H Bollinger middle band at 86.4 provides clear resistance, MACD double lines are glued below with no upward momentum. The order book depth is unbalanced at -1.56%, with active sell orders continuously suppressing.
Current price at 85.2, go short directly, stop-loss above 87.3. First target at 82.7, second target at 81.2.
1-hour level buy order gap, consecutive upper shadows testing the 85.5 area are quickly pushed back. 4-hour MACD histogram shrinks, rebound is weak. The current risk-reward ratio is close to 2, making this short position's odds worth a try.
Check real-time market 👇 $SOL
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