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【$SOL Signal】Short Entry Order: Resistance level blocked, 4H Bollinger upper band sniper
$SOL Current price 82.98, 4H Bollinger upper band 85.07, 1H volume decreasing, buy order depth ratio 1.11 but sparse orders. RSI 1H 45.91, 4H MACD golden cross but momentum shrinking, selling pressure accumulating above.
🎯Direction: Short (Pending order)
⚡Entry/Pending order: 85.10 - 85.10 (Order entry)
🛑Stop loss: 85.78
🚀Target 1: 83.74
🚀Target 2: 83.06
🛡️Trade management: Reduce 50% at Target 1, move stop loss to breakeven (around 83.10). If price drops directly without triggering the order, cancel the pending order and do not chase the short.
Depth logic: 1H Bollinger bands tightening indicating potential reversal, 4H midline at 83.63 acts as short-term resistance, funding rate at 0.0048% is neutral, bullish momentum is insufficient, a rebound to the channel top can be tested for short. Risk-reward ratio about 2:1, worth betting.
Check real-time market 👇 $SOL
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