$SOL Signal】Bearish continuation, 1H Bollinger Band lower band awaits break


$SOL 1H MACD green bars narrow, bearish dominance but weakening momentum, price trading near Bollinger Band lower band at 71.0.
4H Bollinger Band middle band at 77.2 provides clear resistance, rebound space limited.
Latest 1H K-line buy pressure ratio is 0.42, selling pressure remains greater than buying, market depth imbalance at 6.17%.
Objectively view current risk-reward ratio of 1.5, risk is controllable, execute according to plan.
🎯Direction: short
⚡Entry/Order: 71.3952 - 71.6100
🛑Stop loss: 72.3261
🚀Target 1: 70.5359
🚀Target 2: 69.9988
🛡️Trade management: - Reduce position by 50% after reaching Target 1, and move stop loss to break-even.
If price falls back into entry zone, automatically exit to protect principal.
4H RSI hits oversold area but MACD death cross has not turned, short-term rebound is limited.
Bollinger Bands are not closing, volatility space is ample, holding short positions and waiting for lower band break.
View real-time market 👇 $SOL
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SOL-2.58%
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