$SOL Signal】Short position, upper band on 1H under pressure + sell order depth imbalance


$SOL Order book shows a clear accumulation at 85.06, sell order depth imbalance reaches -10.57%, the 1H Bollinger upper band at 83.59 was briefly pierced and then pulled back. The 4H MACD bars have narrowed for three consecutive periods, indicating diminishing momentum. The funding rate is 0.0026%, relatively low, suggesting insufficient bullish tug-of-war. The current risk-reward ratio from shorting at 85.06 to 83.70 is about 2:1, worth trying.

🎯Direction: Short (place order)

⚡Entry/Order: 85.06

🛑Stop Loss: 85.74

🚀Target 1: 83.70

🚀Target 2: 83.02

🛡️Trade management: After reaching Target 1, reduce position by 50%, and move stop loss down to 85.06 (break-even). If the price returns above the entry price, exit proactively.

Depth logic: The 4H MACD bars' expansion has continuously decreased, raising doubts about the sustainability of the bullish trend. The 1H RSI hovers around 60, and buying pressure has failed to push the price above the Bollinger upper band. The sell order thickness in the order book continues to increase, and selling pressure at high levels has not been fully released.

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