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$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
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