$SOL Signal】Bearish continuation, rebound met with resistance at moving average


$SOL 4H Bollinger lower band at 80.16 has been broken, price rebounded to around EMA20 (81.51) and faced resistance. The 1H MACD golden cross is weak, with the histogram at 0.075 expanding but the price not stabilizing above 81.3.
Order book depth Bid/Ask 1.10, buy orders only around 80.5, selling pressure concentrated between 81.2-81.5.
Rebound volume is decreasing, funding rate remains negative, bulls lack strong momentum to push higher.
Current risk-reward ratio is 1.5, resistance levels are clear, and short positions have a relatively higher win rate.
🎯Direction: short
⚡Entry/Order: 80.76 - 81.00
🛑Stop loss: 81.81
🚀Target 1: 79.78
🚀Target 2: 79.18
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
4H moving averages are in a bearish alignment, rebound does not break previous high, bearish structure remains intact. Participants mainly engage in short-term trading, lacking large orders to drive momentum, making technical recovery difficult to sustain.
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SOL1.69%
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