$SOL Signal | Rebound to the upside strategy, 4H bearish pressure not yet relieved


$SOL 1H MACD shows a golden cross emerging, but the middle band of the 4H Bollinger Bands at 85.78 continues to press down, and the MACD histogram remains below the zero line. Market buy depth is -6.76%, Bid/Ask Ratio is 0.87, indicating weak capital support. The current price at 84.24 is close to the 1H lower band, with short-term technical correction needed, but resistance is formed by 85.27 (1H EMA50) and 85.78 (4H middle band). Rebound space is limited, and the risk-reward ratio favors short positions.
🎯Direction: Short (Pending order)
⚡Entry: 86.15 (Recommended upper boundary of the zone, place short order after rebound)
🛑Stop Loss: 86.84
🚀Target 1: 84.77
🚀Target 2: 84.08
🛡️Trade management: - Reduce position by 50% upon reaching Target 1, move stop loss down to entry price. If the price continues to decline to Target 2, close all remaining positions. If it turns downward before reaching 86.15, cancel the pending order and wait for a new structure.
The 4H bearish arrangement remains unchanged, and the rebound height is limited by insufficient capital follow-through. Chasing longs at this position carries high risk; patience for signs of exhaustion at higher levels is more prudent.
Check real-time market 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#WCTC交易王PK #加密市场小幅下跌 #Polymarket每日热点
SOL-1.9%
BTC-1.24%
ETH-1.37%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin