$SOL Signal: Bearish continuation, 1H oversold rebound weak


$SOL 1H RSI reaches 33.87, 4H Bollinger Band lower band around 90.38 faces resistance, MACD negative zone shrinking, rebound momentum very weak. Sell order depth ratio is relatively high, funding rate is negative, bears dominate.
🎯Direction: Short
⚡Entry/Order: 91.22 - 92.45
🛑Stop Loss: 93.52
🚀Target 1: 90.33
🚀Target 2: 89.26
🛡️Trade Management: - Execute strategy: Reduce 50% of position after reaching Target 1, and move stop loss down to entry price. If the price rebounds and breaks the stop loss, exit immediately.
On a market psychology level, the negative funding rate has not triggered a short squeeze, indicating insufficient bullish momentum; the probability of breaking below the 90 integer level is increasing.
Check 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
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned