$SOL Signal: Short position at high resistance on 1H timeframe

$SOL 1H MACD histogram contracting, bullish momentum weakening, 4H RSI at 38 remains in the weak zone. Bid/Ask ratio 0.94, sell order depth -3.23% holds the advantage. Price touched the upper Bollinger band at 66.07 and pulled back, current price 64.97 approaching the middle band. Funding rate -0.0411%, short positions have low holding costs. Current risk-reward ratio approximately 1.5, short-term shorts are attractive.

🎯Direction: short

⚡Entry/Order: 64.7751 - 64.9700

🛑Stop loss: 65.6197

🚀Target 1: 63.9955

🚀Target 2: 63.5082

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

Order book logic: Total open interest remains stable, but trading volume during the upward price phase has not increased proportionally, indicating insufficient buy follow-through. 1H RSI at 59 is in a neutral to slightly strong zone, no divergence signals yet, but shrinking MACD bars suggest weakening momentum. 4H MACD is still expanding with a bullish crossover, but the price has not stabilized above the middle Bollinger band, indicating a fragile rebound structure. Sell orders are stacked between 65.0-65.2, showing clear resistance. Short-term support is around 63.99; a break below targets 63.50.

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