$SOL Signal: 4H Bearish dominance, rebound sniper

$SOL 4H MACD death cross continues to widen, price is under pressure below EMA20. Although there is a MACD golden cross on the 1H, volume is shrinking, limiting the rebound height, and the buying strength around the 72.21 low area is moderate. Funding rate is negative but at a low level, indicating weak bullish reversal intent. The current price approaches the resonance zone of the 4H Bollinger middle band and EMA50, with sell orders stacking at a depth of 0.52%, and selling pressure has not been absorbed. A rebound to the 74.6554-74.8800 range is an ideal entry point, with a decent risk-reward ratio.
🎯Direction: Short
⚡Entry/Order: 74.6554 - 74.8800
🛑Stop Loss: 75.6288
🚀Target 1: 73.7568
🚀Target 2: 73.1952
🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Persistent sell pressure on the 4H timeframe, with the 1H rebound providing liquidity. RSI (4H) drops to around 31.9, oversold but no bullish divergence formed, limiting the rebound strength. Open interest remains stable, no signs of large-scale long liquidation, so shorts can attempt.
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