【$SOL Signal】Shorting Oversold Rebound Weak, 1H Selling Pressure Continues

$SOL 1H Rebound reaches 70.3 and faces resistance, selling ratio 0.47, deep imbalance -6.33%. 4H RSI 23.10 in oversold zone but no volume increase to stop the decline, MACD negative bars shrinking but no golden cross. Funding rate -0.0252% slightly negative, no momentum for short squeeze.
🎯Direction: short
⚡Entry/Order: 70.0293 - 70.2400
🛑Stop Loss: 70.9424
🚀Target 1: 69.1864
🚀Target 2: 68.6596
🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect capital.
Open interest stable, selling pressure actively suppresses rebound, short-term upward movement viewed as short covering rather than reversal. Oversold zone shorting risk-reward ratio 1.5 is acceptable, but strict stop-loss needed to prevent short squeeze.
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