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【$SOL Signal】1H Golden Cross Expansion, Pullback to Enter Long
$SOL RSI 1H 54.15, MACD Golden Cross Bar Expansion, 4H Bollinger Middle Band at 87.83 providing support.
Buyers have been dominant for three consecutive candles but the last one pulled back to 0.46, indicating slight short-term selling pressure.
Current price is 88.59, above the suggested entry zone upper boundary, wait for a pullback to re-enter.
🎯Direction: Long (Pullback Pending Order)
⚡Entry/Order: 88.19 (Suggested Zone Upper Boundary)
🛑Stop Loss: 86.14
🚀Target 1: 91.74
🚀Target 2: 93.61
🛡️Trade Management: - Execute strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
If price falls back into the entry zone, exit automatically to protect capital.
Depth Logic: 1H momentum is upward but a 4H death cross is creating resistance, however, the price has stabilized above the 4H EMA20.
The battle between bulls and bears is centered around the 88.0-88.2 area.
Open interest remains stable, indicating funds are not fleeing.
Depth sell orders are slightly more but buy-up strength remains.
Risk-reward ratio is 1.73, with a decent probability of profit.
View real-time market 👇 $SOL
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