$SOL Signal】Multiple retracements, 4H momentum weakens but 1H still has support


$SOL 4H RSI 69.65, close to upper band 97.87, 1H Bollinger middle band 96.03 provides short-term support.
Buy depth is 1.01, funding rate is 0.0045% neutral, open interest stable.
1H MACD histogram contracts, bulls slow down but do not reverse.
Current price 97.38 has deviated from the suggested entry zone upper limit 96.89, wait for the price to retrace below 96.89 before entering more safely.
🎯Direction: Long (Pending order)
⚡Entry/Pending order: 96.89 (Suggested zone upper limit)
🛑Stop loss: 90.66
🚀Target 1: 102.27
🚀Target 2: 106.14
🛡️Trade management: - Execute strategy: Reduce 50% after reaching Target 1, and move stop loss to break-even.
If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: After the 4H Bollinger bands tighten, they open upward, but selling pressure appears near 98.36, short-term need to clear out floating positions.
A retracement to 96.89 is both the 1H EMA20 level and a previous dense trading zone, with a higher probability of bullish continuation after bulls and bears battle.
Setting the stop loss at 90.66 is wider but corresponds to the lower support of the 4H Bollinger band, preventing false breakouts.
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SOL1.21%
BTC0.01%
ETH-1.34%
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