$SOL Signal: Bearish continuation, oversold weakness


$SOL Weakness persists. The 1H Bollinger Band lower band at 68.88 is directly broken through, MACD green bars continue to expand, and sell-side pressure is actively suppressing. The 4H Bollinger Band opens downward, and the middle band at 77.1 forms strong resistance. The Depth Bid/Ask Ratio of 1.14 shows buy-side orders resting on the book, but sell pressure is greater. The funding rate is -0.0161%, neutral to slightly negative, making it difficult to support a rebound. RSI is in the oversold zone at 20.75, but bearish momentum has not yet exhausted, so rebound space is extremely limited.

🎯Direction: short

⚡Entry/Order: 68.53 (execute within the recommended range)

🛑Stop Loss: 69.3163

🚀Target 1: 67.6005

🚀Target 2: 67.0858

🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to break-even. If the price drops back to the entry level, automatically exit to protect principal.

Depth logic: OI remains stable, but there is a dense cluster of 1H bearish candles, and selling pressure continues to suppress. RSI being oversold does not constitute a reversal reason; instead, it suggests that short-term panic selling may continue. The risk-reward ratio is 1.5. Operate with the short-side trend, waiting for a new round of accelerated bottoming.

Check the real-time market 👇 $SOL
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SOL-5.81%
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