$SOL Signal | 1H rebound faces resistance, bearish pattern continues

$SOL 1H MACD death cross has not narrowed, rebound to around 71.6 encounters Bollinger Band middle track (72.69) resistance. Funding rate -0.0237% but price failed to hold above 71.8, buying pressure is insufficient. After a quick dip to 66.59, it recovered rapidly, but selling pressure at high levels continues to accumulate.

🎯Direction: short

⚡Entry/Order: 71.3453 - 71.5600

🛑Stop loss: 72.2756

🚀Target 1: 70.4866

🚀Target 2: 69.9499

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.

4H RSI drops to 26.29, temporarily slowing the downward momentum in oversold zone, but 1H rebound momentum diminishes, and the bearish risk/reward ratio remains favorable.

Check real-time market 👇 $SOL
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