$SOL Signal | Bearish continuation, 4H Bollinger middle band resistance


$SOL 1H rebound momentum diminishes, 4H Bollinger middle band at 65.05 forms effective resistance. Buy depth -48.67%, order book sparse, rebound lacks strength.

🎯Direction: short

⚡Entry/Order: 62.0034 - 62.1900

🛑Stop loss: 65.2995

🚀Target 1: 57.5258

🚀Target 2: 55.1936

🛡️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.

1H MACD shows a slight turn to bullish but the bars are narrowing, indicating insufficient bullish momentum. 4H RSI remains below 30, but no bullish divergence has formed, so the bearish trend remains. Under negative funding rates, short positions have low holding costs, but oversold conditions require caution against sharp rebounds; stop-loss must be well placed.

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