【$SOL Signal】1H breakout, follow the trend to target

$SOL The 1H MACD histogram remains in negative territory and continues to expand, with the price breaking below the 1H Bollinger Band middle line at 87.58, currently testing near the lower band at 85.82. The 4H buy-side depth is imbalanced at -6.64%, with active selling pressure dominating.

Price is directly short in the 85.77-86.30 range, with the current price at 85.81 suitable for entry.

🛑Place the stop above 87.84.

🚀First target at 83.24.

🚀Second target at 81.71.

🛡️Trade management:
- Execution strategy: After the price hits 83.24, reduce half of the position, and move the stop loss of the remaining position down to the entry price. If the price rebounds and breaks above 86.30 and stabilizes, consider exiting.

The 1H RSI has fallen to 34.78, but the bearish momentum is not exhausted, with the MACD fast and slow lines opening below the zero axis. Although the 4H MACD still shows a golden cross, the histogram is shrinking, indicating weakening bullish momentum. Combined with order book data, sell orders are thicker than buy orders, with limited short-term rebound strength. The risk-reward ratio of 2.0 is acceptable, but caution is needed for potential oversold technical rebounds on the hourly chart.

View real-time market 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate13周年现场直击 #WCTC交易赛瓜分800万USDT #比特币反弹