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$SOL Signal | 1H acceleration downward, short continuation
$SOL 4H MACD histogram -0.6303 and continuously expanding, selling pressure dominates. 1H RSI 34.03, rebound is weak. Market depth shows many buy orders but prices keep dropping, bulls' defense line is fragile.
🎯Direction: short
⚡Entry/Order: 68.9027 - 69.1100
🛑Stop loss: 69.8011
🚀Target 1: 68.0733
🚀Target 2: 67.5550
🛡️Trade management: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back into the entry zone, automatically exit to protect capital.
Bearish momentum shows no signs of weakening. The 4H Bollinger Band lower band at 67.76 provides support reference, but the current offset is large. Funding rate -0.0182% remains negative, indicating not overly crowded shorts, with room for further decline.
View real-time market 👇 $SOL
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