【$SOL Signal】Waiting for a callback to buy more - 1H Bollinger Band breakout followed by a pullback confirmation

$SOL 1H Bollinger upper band pierced, price tightly hugging the 4H upper band at 97.73, currently at 97.74. RSI_4H at 73.77, in overbought zone; MACD double-cycle bullish expansion but decreasing momentum in the histogram. Deep buy-sell ratio at 0.90, sell orders slightly dominant. Funding rate at 0.0088%, neutral. Currently facing a pullback pressure from 4H overbought conditions when chasing higher, with poor risk-reward ratio, waiting for a more stable entry at the key pullback zone.

🎯Direction: Long (pending order pullback)

⚡Entry/Pending order: 97.25 (suggested to place order near the upper boundary of the zone)

🛑Stop loss: 90.39

🚀Target 1: 101.71

🚀Target 2: 105.49

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Deep logic: After 4H Bollinger bands tighten and the price breaks above the upper band, but RSI overbought limits chasing higher. 1H volume has not increased accordingly, raising doubts about buying momentum. Waiting for the price to pull back near 97.25, which is the 4H EMA20 and a dense area of previous highs, offering potential support. If the price directly breaks above the previous high of 98.0, abandon the pending order and switch to an upward breakout chase (requires a separate plan).

View real-time market 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate广场五月交易分享 #比特币波动 #Polymarket每日热点