【$SOL Signal】Short entry order: 4H oversold rebound to resistance

$SOL 4H RSI touches 30, struggling in oversold zone, 1H MACD histogram turns red but with limited height. The 4H Bollinger Band middle line at 89.55 acts as resistance, narrowing rebound space. Last night, buying ratio briefly dropped to 0.40, with a deep imbalance of -2.64%, indicating persistent selling pressure. Currently, near 86.2, order book is sparse, and the rebound structure is fragile.
🎯Direction: Short (Pending order)
⚡Entry/Order: 90.8
🛑Stop loss: 91.5
🚀Target 1: 89.3
🚀Target 2: 88.6
🛡️Trade management:
- Execution strategy: Place a pending order at 90.8, exit at 91.5 stop loss if triggered. After reaching Target 1, reduce position by 50%, move remaining stop loss to entry price. If the rebound weakens and price drops directly, hold passively and wait for Target 2.
Depth logic: Although the 4H MACD bearish histogram is narrowing, the 1H golden cross is weak, making it difficult for the rebound to break previous highs. The funding rate of -0.0046% suggests bullish sentiment has not recovered; a rebound near the middle band will be a good shorting opportunity. Risk-reward ratio is about 2:1, worth a shot.
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