$SOL Signal】short | 4H Bearish momentum not exhausted, continue shorting in oversold area


$SOL 4H RSI hits an extreme low of 20.65, support around the lower Bollinger Band at 67.66 is moderate. The 1H MACD histogram remains negative, slightly narrowing, but volume continues to shrink, limiting rebound potential. Funding rate at -0.0147% indicates a deep negative, with no signs of short squeeze in the market. The buy/sell order depth ratio of 1.10 suggests buy orders are slightly stronger, but trading volume is rapidly declining, raising doubts about the authenticity of buy orders. Objectively assess the current risk-reward ratio: stop-loss about 1% away, target over 1.5%, even in oversold conditions, strict risk control is necessary; trend still dominates short-term direction.

🎯Direction: short

⚡Entry/Order: 68.494 - 68.700 (sniping near current price)

🛑Stop-loss: 69.387

🚀Target 1: 67.669

🚀Target 2: 67.154

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

The 4H MACD fast and slow lines continue to diverge downward, the bearish arrangement has not yet been repaired. Open interest remains stable but sellers dominate, and after oversold conditions, there may still be inertia pushing prices lower. If the price quickly rebounds to around 69.3 and triggers the stop-loss, it indicates the end of the weak rebound, and no further recovery will be attempted.

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