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【$SOL Signal】4H Bearish momentum continues, short-term rebound to short
$SOL Funding rate -0.0125%, almost no cost for short positions, 4H MACD death cross widens, bearish momentum not yet exhausted.
The 1H lower Bollinger Band around 84.30 is temporarily supported, but the rebound strength is very weak—recent two 1H bullish candles have only 0.53 buy ratio, selling pressure not yet digested.
It’s more reasonable to directly chase short positions with better risk-reward, rather than bottom-fishing for a reversal.
🎯Direction: Short
⚡Entry/Order: Short in batches within the 85.52 - 86.44 range, current price 85.53, can enter lightly now
🛑Stop loss: 87.14
🚀Target 1: 85.06
🚀Target 2: 84.37
🛡️Trade management: - Reduce 50% at Target 1, move stop loss down to the cost basis of 85.52. If the price rebounds above 86.44 and stabilizes, abandon the short and wait for re-evaluation.
View real-time market 👇 $SOL
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