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【$SOL Signal】Waiting for a callback to go long, 1H triangle convergence at the end
$SOL Current price 89.11, 1H Bollinger Bands narrowing to 87.5-90.2, trading volume continues to decline, buyers and sellers are contesting. 4H MACD bullish bars shrinking but no death cross, RSI 4H at 70.87 approaching overbought zone but not exhausted. Bid-ask depth at 1.15, capital support is not obvious. Personal opinion: current price chasing longs offers a poor risk-reward ratio, waiting for a more stable pullback.
🎯Direction: Watchful (place orders for a pullback to go long)
⚡Place order for a pullback to go long: 87.00 - 88.66
🛑Stop loss: 85.23
🚀Target 1: 90.55
🚀Target 2: 92.32
🛡️Trade management:
- Place a light position within the order zone, reduce 50% at Target 1, move stop loss up to entry price. If the price falls below 85.23, decisively cut losses.
Check real-time market 👇 $SOL
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