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【$SOL Signal】4H bullish momentum continues, 1H pullback to go long
$SOL 1H MACD histogram continues to shrink, signs of waning bullish momentum. 4H MACD just formed a golden cross, trend leans bullish. Bollinger Bands 4H middle band at 84.99 provides clear support, price stays above it. Slightly higher selling pressure (-14%), but funding rate is extremely low, no risk of a short squeeze. Current pullback near 85.7 offers a good entry opportunity, risk-reward ratio is reasonable.
🎯Direction: Long (Pending order)
⚡Entry/Order: 85.72 - 85.80
🛑Stop loss: 85.03
🚀Target 1: 87.09
🚀Target 2: 87.77
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.
View real-time market 👇 $SOL
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