$SOL Signal】Wait and see: RSI at high levels + selling pressure suppressing, waiting for a pullback to go long


$SOL RSI_1h 76.94, 4H Bollinger Band upper band 91.95 broken by the candle, but deep sell orders account for -19%, Bid/Ask ratio 0.68 indicates insufficient active buying. Price is running along the upper band of the 1H Bollinger Band, MACD histogram shrinking, momentum weakening.
🎯Direction: Wait and see (pending orders for pullback)
⚡Entry/Pending order: 88.92 - 91.86 (recommended range for placing orders)
🛑Stop loss: 86.62
🚀Target 1: 93.52
🚀Target 2: 95.82
🛡️Trade management: - If the pending order executes near 91.86, reduce position by 50% at Target 1, move stop loss to break-even. If price pulls back to the 88.92 area and volume increases, add to the position.
Current risk-reward ratio is average; chasing high may lead to being trapped. Wait for the price to pull back to the 4H midline or near the 1H EMA20 (about 89.6) before considering entry. Funding rate is normal at 0.01%, no forced liquidation conditions.
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SOL5.88%
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