【$SOL Signal】Short squeeze: 1H Bollinger bands narrowing + 4H oversold rebound losing momentum, funding rate extremely low

$SOL 1H Bollinger bands upper and lower bands narrowing to 0.6 points, price tightly hugging below the middle band, trading volume shrinking in a stepwise manner. Although the 4H MACD histogram has turned red, the fast and slow lines are still deep below the zero line, indicating insufficient momentum to continue.

🎯Direction: Short

⚡Entry/Order: 83.94 - 87.80 (preferably near the current price, add to position if rebound reaches around 87.80)

🛑Stop loss: 88.50

🚀Target 1: 86.39

🚀Target 2: 85.69

🛡️Trade management:
- Execution strategy: Reduce 50% of the position upon reaching Target 1, move stop loss to break-even. If the price falls back into the entry zone, exit proactively.

Depth logic: 1H MACD death cross widening, 4H RSI at 32 in oversold area, but no significant buying interest attracted; depth imbalance is only 0.59%, indicating weak bullish willingness. The funding rate at 0.0007% is nearly zero cost, with no force to trigger a short squeeze. This cold rebound combined with decreasing volume often signals a consolidation phase in a downward trend.

Check real-time market 👇 $SOL
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