【$SOL Signal】Bearish trend continues, oversold rebound weak, go short


$SOL 1H RSI drops to 26.53, accelerating downward within the oversold zone, buying depth and selling volume ratio is only 0.94.
4H MACD bearish bars continue to expand, Bollinger lower band at 90.82 has been broken by a solid bearish candle, temporarily no strong support.
Funding rate -0.0138%, but open interest (OI) shows no reduction, indicating short positions refuse to exit.
Current rebound momentum is very weak, orders around 90.8 are sparse, and a new resistance forms near 92.
Oversold rebound is highly expected, but if 1H cannot hold above 91.2, downward pressure remains dominant.
Stop loss set at 93.35, risk-reward ratio is only suitable for light positions, a break below 89.89 opens up space.
🎯Direction: Short
⚡Pending orders: 【Suggested entry zone】90.90 - 92.48, current price 90.94 can be entered on the left side, add to position with reference at 91.5
🛑Stop loss: 93.35
🚀Target 1: 90.75
🚀Target 2: 89.89
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss down to entry cost line.
If the price rebounds to 92.5 without success, manually exit to avoid deep trapping.
Order book logic: 4H bearish structure is complete, 1H oversold but no bottom divergence, negative funding rate has not triggered short squeeze, rebound height is limited.
Shorting here requires strict stop loss; if the candle closes above 92.5, the bearish logic invalidates.
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