$SOL Signal】4H Bearish continuation, wait for rebound to short high


$SOL 4H MACD histogram continuously shrinking, bearish momentum marginally weakening. 1H RSI 36.32 approaching oversold area, but buying depth ratio only 0.99, funding rate negative at -0.0016% reflecting market bearish sentiment has not faded. Current price 84.64, short-term stabilization but lacking active buying to push higher.
🎯Direction: Short (Pending order)
⚡Entry/Pending order: 87.29
🛑Stop loss: 87.98
🚀Target 1: 85.89
🚀Target 2: 85.19
🛡️Trade management: Reduce position by 50% after reaching Target 1, and move stop loss to entry price (break-even). If the price breaks below the pending order without triggering, abandon this order.
Depth logic: 4H Bollinger Bands opening downward, price operating near the lower band at 83.62, but 1H bearish momentum weakening indicating a rebound need. Rebound to resistance zone between 4H EMA20 (85.79) and EMA50 (86.85), with 87.29 acting as the previous high neckline resistance, combined with negative funding rate to short after rebound, risk-reward ratio about 2:1. Be aware of rapid spikes during low liquidity; set slippage protection on pending orders.
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