$SOL Signal: Short position setup, resistance encountered during 4H rebound


$SOL Order book imbalance, Bid/Ask Ratio 0.80, weak buy orders. Funding rate -0.0102% and open interest stable, rebound momentum exhausted.
1H MACD bullish bars shrinking, price pulls back after touching the upper Bollinger Band.
4H Bollinger Bands narrowing, middle band at 65.41 acting as resistance.
Sell orders stacking around 63.76, market pressure clearly evident.
🎯Direction: short
⚡Entry/Order: 63.5687 - 63.7600
🛑Stop loss: 66.1108
🚀Target 1: 60.2338
🚀Target 2: 58.4707
🛡️Trade management: - Execute 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.
On a psychological level, the weak rebound is targeted by bears, short-term risk-reward ratio is acceptable, but if volume breaks above 66, the structure is broken, and a decisive exit is needed.
Check real-time market 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market!
#分享美股交易赢英伟达股票 #预测NBA总冠军赢20,000U $BTC $ETH $SOL
SOL3.15%
BTC1.98%
ETH2.71%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned