$SOL Signal: Shorting, rebound resistance encountered resistance


The 4H Bollinger Band lower band at 83.7 has been broken, and the 1H lower band at 84.05 has also been simultaneously breached. Funding rate -0.0109%, long position costs are low but buying pressure is clearly lacking. MACD 1H bearish candles continue to expand, while 4H bullish momentum diminishes. Place orders around 87.5 to wait for a rebound and support.
🎯Direction: Short (Place order)
⚡Entry/Order: 87.50
🛑Stop Loss: 89.07
🚀Target 1: 86.95
🚀Target 2: 86.25
🛡️Trade management: - Reduce 50% at Target 1, move stop loss to break-even. If the price rebounds and breaks 88.5, manually exit to avoid liquidation.
Depth logic: The current price is close to the 1H lower band, indicating short-term oversold conditions, but the negative funding rate has not attracted bulls, and order book depth imbalance of -17.8% shows continued selling pressure. The 4H Bollinger Band has not widened, and a rebound near the middle band (85.6-86.0) is a typical resistance. The order at 87.5 is taken from the upper end of the suggested zone, aiming to catch the point of failure in the 4H bearish trend. Risk-reward ratio is about 2, worth trying.
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#TradFi交易分享挑战 #PYTH今日解锁21.3亿枚代币 $BTC $ETH $SOL
SOL-1.24%
PYTH-11.57%
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