$SOL Signal】1H oscillation converging, 4H rebound encountering resistance, short positions lurking


1H Bollinger Bands narrowing to $0.7, upper and lower bands at 82.68-83.39, RSI at 52.24 neutral, MACD below zero line with a weak golden cross and minimal histogram.
In the 4H chart, EMA20/50 moving averages are suppressing, and the price has failed to stabilize above 83.4 for three consecutive candles.
Buy and sell order depth ratio is 1.01, funding rate is 0.0061%, with no short squeeze momentum.
At this oscillation end, the risk-reward ratio is moderate; when the trend is clear, light positions can be taken.
🎯Direction: Short
⚡Entry/Order: 84.00 (recommended within the zone)
🛑Stop loss: 85.73
🚀Target 1: 83.69
🚀Target 2: 83.01
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss down to 84.80.
- If the price rebounds to the entry price, automatically exit to protect capital.
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