$SOL Signal】1H Rebound Failure, Place Order to Short


$SOL 1H MACD bars are still expanding, RSI rebounded to 39.5 but momentum is stagnating. The 4H Bollinger middle band at 84.74 acts as resistance, buying volume continues to shrink. Depth data shows slightly stronger buying (1.06), but selling pressure at high levels is expected to increase.

🎯Direction: Short

⚡Entry/Order: Near 85.67

🛑Stop Loss: 86.36

🚀Target 1: 84.30

🚀Target 2: 83.62

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position upon reaching Target 1, move stop loss to breakeven. If price rebounds to 86.36, exit all positions. The current risk-reward ratio is attractive, short position costs are low, but watch out for unexpected surges.

Depth Logic: Although 1H RSI has rebounded from oversold territory, MACD bars have not converged, indicating weak rebound strength. The negative funding rate (-0.0069%) reflects that bearish sentiment is not extreme, and stable open interest (OI) suggests no abnormal expansion. Rebound near EMA20 is a good entry point for strategic play.

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