$SOL Signal】4H bearish momentum weakening, 1H rebound lacks strength, look for shorting opportunities


$SOL Deep order book Bid/Ask ratio 0.86, sellers' orders have an overwhelming advantage. Although the 1H MACD histogram is shrinking, the price remains under the EMA20. The middle band of the 4H Bollinger Bands at 92.52 acts as an effective resistance, funding rate at 0.0088% is relatively low, and the short squeeze condition has not yet been triggered.
🎯Direction: Short
⚡Entry/Order: 91.19 - 92.25
🛑Stop loss: 93.44
🚀Target 1: 89.86
🚀Target 2: 88.67
🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss down to entry price. Hold remaining position to aim for Target 2. Exit proactively if price drops below 91.19.
During position holding, monitor whether the 4H MACD turns positive; if it quickly pulls back above 92.5, abandon the short idea. Current risk-reward ratio is 2.0, shorting cost is manageable, but be alert for sudden influx of buy orders at low levels.
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SOL-3.02%
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