$SOL Signal】1H rebound encounters resistance, selling pressure dominates short-term short positions


$SOL Funding rate is 0.0041% relatively low, buy orders account for less than 0.5 on four consecutive 4H bars, selling actively suppresses. The middle band of the 1H Bollinger Bands at 92.14 suppresses the price rebound, MACD histogram narrows but the fast and slow lines are still below zero, bullish momentum is insufficient. The 4H lower band at 89.01 is a short-term strong support, but the current price is still 2.5% above it, and buying interest below is not active.
🎯Direction: Short
⚡Entry/Orders: 91.80 - 92.30 staggered orders
🛑Stop loss: 93.83
🚀Target 1: 89.22
🚀Target 2: 87.68
🛡️Trade management: - Execution strategy: after reaching Target 1, reduce position by 50%, and move the stop loss down to the entry price. If the price rebounds above 93.83, exit to protect capital.
Depth logic: The 1H rebound high just touches the EMA50 at 92.31, while the 4H Bollinger middle band slopes down to 92.78, multiple moving averages form resistance. Open interest remains stable but depth is imbalanced at -5.32%, indicating thin buy orders, making the price prone to fall rather than rise. The risk-reward ratio for short is 2.0, with a stop loss set above the recent rebound high at 93.83, which is reasonable.
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