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【$SOL Signal】Bullish trend continuation, waiting for a pullback to add long positions
$SOL Buy order depth ratio is 1.15, but the last 1H candlestick buy volume sharply dropped to 0.38, with active sell orders smashing down. The 4H MACD red histogram is still expanding, and the upper band of the Bollinger Bands at 85.57 is temporarily acting as resistance. RSI 1H is at 64.22, still room before overbought, but short-term momentum is clearly weakening.
🎯Direction: Long (waiting for a pullback to place orders)
⚡Entry/Order: 84.7 - 85.2
🛑Stop loss: 84.0
🚀Target 1: 86.1
🚀Target 2: 86.8
🛡️Trade management: - Execute strategy: Place staggered orders within 84.7-85.2. Reduce 50% at Target 1 and move stop loss to break-even, remaining position depends on Target 2. If the price breaks above without a pullback, abandon this opportunity and do not chase high.
Currently, buy orders are clearly broken, chasing high is too risky, waiting for a pullback is more stable. The 1H EMA20 and EMA50 are in a bullish alignment, and the 4H trend remains unchanged; a pullback is an opportunity.
Check real-time market 👇 $SOL
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