$SOL Signal】Rebound to resistance zone for short position setup


$SOL 4H RSI 34.32, deep selling pressure -14.71%, rebound momentum weakening. 1H MACD golden cross histogram narrowing, Bollinger Bands tightening. Negative funding rate -0.0058% remains, bearish pressure not released. Rebound above the middle band of Bollinger Bands is an ideal trading point. Current risk-reward ratio about 2:1, wait for price to reach resistance zone before taking action.
🎯Direction: Short (Pending order)
⚡Entry/Pending order: 90.50
🛑Stop loss: 91.22
🚀Target 1: 89.05
🚀Target 2: 88.33
🛡️Trade management: - Execute strategy: reduce position by 50% upon reaching Target 1, move stop loss to break-even at entry price. Do not chase orders if price does not reach the pending zone.
Depth logic: OI trend is stable, buy-side depth is insufficient at 0.74, rebound lacks incremental capital support. 4H MACD still in death cross zone, histogram short but not turning positive. If price encounters resistance near 90.50, short covering will accelerate downward. Market sentiment leans towards wait-and-see, and rapid declines are more likely during low liquidity.
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SOL-0.08%
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