$SOL Signal】4H Bearish continuation, placing orders to target resistance


$SOL 1H MACD bullish crossover but volume diminishing, 4H Bollinger lower band at 85.04 provides temporary support, rebound strength is limited. Negative funding rate -0.0051% indicates bears are in control, but short squeeze risk should be watched. Current funding rate remains stable, no extreme conditions. From order book, buy depth -1.65% shows sellers are slightly stronger. Placing orders to target.

🎯Direction: Short (placing orders)

⚡Entry/Order: 90.79

🛑Stop loss: 91.52

🚀Target 1: 89.34

🚀Target 2: 88.61

🛡️Trade management: Reduce 50% at Target 1, move stop loss to break-even. Exit promptly if price breaks through stop loss.

Depth logic: 4H trend is bearish, rebound to EMA zone is an ideal second entry point. 1H RSI at 32 is in oversold territory, but rebound failed to break above EMA20, indicating selling pressure persists. Wait for price to rise back to resistance zone before re-entering for more safety.

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