【$SOL Signal】4H Bearish continuation, 1H oversold rebound weak

$SOL Four consecutive 1H bearish candles break below Bollinger lower band, MACD green bars contract but fast and slow lines remain below zero axis with a death cross divergence. 4H Bollinger bands widen, MACD histogram deepens into negative territory. Selling pressure persists, buy order depth is relatively weak.

🎯Direction: Short

⚡Entry/Order: 91.50 (Recommended range 90.97-92.54, leaning towards the upper middle)

🛑Stop loss: 93.61

🚀Target 1: 90.41

🚀Target 2: 89.34

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price rebounds near entry and faces resistance, exit proactively.

Order book logic: 1H RSI drops to 26.9, entering oversold zone, but 4H RSI is still at 39.9, leaving room below. Funding rate is -0.012%, market sentiment leans towards panic, but open interest (OI) shows no obvious liquidation, indicating weak bullish resistance. Current risk-reward ratio is 2:1, short-term shorting offers good value.
View real-time market 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场五月交易分享 #美国4月CPI上涨3.8% $BTC $ETH $SOL