【$SOL Long Position】1H RSI at low levels + funding rate negative, indicating a crowded short

$SOL 1H RSI drops to 43.22, 4H MACD histogram narrows to -0.4197. Current price 94.55 closely hugging the 1H lower Bollinger Band at 94.04, buy depth ratio of 1.40 shows strong support below. Funding rate at -0.0081%, short positions have high holding costs, initial short squeeze conditions are met.
🎯Direction: Long
⚡Entry/Order: Current price 94.55 (recommended range 92.11-94.83)
🛑Stop loss: 91.37
🚀Target 1: 101.75
🚀Target 2: 105.21
🛡️Trade management: - Execute strategy: reduce 50% at Target 1, move stop loss to break-even. If price falls back into the entry zone, automatically exit.
Current risk-reward ratio is 2.0, worth betting on a rebound at support.
View real-time market 👇 $SOL
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