$SOL Signal】4H Bollinger lower band support fails, 1H MACD shows a weak golden cross, bearish attack


$SOL The 4H Bollinger lower band at 60.08 has broken through, price is oscillating around 62.6. 1H RSI is at 42.5, MACD shows a golden cross but volume bars are shrinking, rebound strength is insufficient. Market depth for buy and sell orders is 0.97, bearish orders are slightly thicker, funding rate is -0.01%, indicating bearish sentiment is subdued.

🎯Direction: short

⚡Entry/Order: 62.4521 - 62.6400

🛑Stop loss: 63.2664

🚀Target 1: 61.7004

🚀Target 2: 61.2306

🛡️Trade management: Reduce position by 50% at Target 1, move stop loss to entry level. If the price rebounds and breaks through the stop loss, exit immediately. Current risk-reward ratio is about 1:1.5, considering that the volume at the bottom is not sustained, the risk of bearish cover is manageable.

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