$SOL Signal: Rebound to resistance zone, place a short order, 4H golden cross but 1H divergence

$SOL 4H MACD golden cross expanding, 1H MACD histogram begins to contract. Buying depth at 1.15 shows support below, but price remains trapped between the lower and middle bands of Bollinger Bands. Currently at 85.16, a rebound to around 88.68 will face double resistance from EMA50 and the upper Bollinger Band.
🎯Direction: Short (place order)
⚡Entry/Order: 88.68
🛑Stop Loss: 89.39
🚀Target 1: 87.26
🚀Target 2: 86.55
🛡️Trade Management:
- Execution Strategy: Reduce 50% of position at Target 1, move stop loss down to 88.68 to break even. If price rebounds and breaks through 89.39, abandon this plan to avoid trend reversal.
(Funding rate -0.0001% is almost zero, open interest remains stable, short-term short squeeze momentum is weak. Be patient with orders, wait for the rebound to materialize, do not chase high. View objectively, risk-reward ratio about 2:1, worth a gamble once.)
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