$SOL Signal】Bearish acceleration downward, 1H Bollinger lower band broken through


$SOL 4H MACD double lines deeply declining, histogram expanding into negative territory. The 1H Bollinger lower band has opened up to 71.86, price is tightly hugging the lower band. RSI 1H reports 27.32, approaching oversold but not yet stabilized. Market depth imbalance -18.21%, buy-side is at an absolute disadvantage.
Funding rate -0.0119%, negative rate did not trigger short squeeze, but instead increased selling pressure. Bears are actively attacking, bulls' defense line continues to retreat. Current risk-reward ratio is about 1.5, with clear downside potential.
🎯Direction: short
⚡Entry/Order: 71.6544 - 71.8700
🛑Stop loss: 72.5887
🚀Target 1: 70.7920
🚀Target 2: 70.2529
🛡️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 principal.
The 4H Bollinger lower band at 70.45 forms a key support. If volume increases and breaks through, it will accelerate the bottoming process. When holding a short position, closely monitor whether the MACD histogram can shrink and stop falling.
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SOL-3.99%
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