$SOL Signal】Bearish momentum continues, 1H Bollinger bands opening downward

$SOL 1H Bollinger lower band at 64.89 being tested, selling pressure depth ratio at 0.87, selling pressure continues to accumulate. 4H MACD bullish bars shrinking, rebound momentum weakening. RSI 1H at 36.39 oversold but no bottom divergence seen, bears in control. Currently around 64.94 with weak buying interest, support below is unclear.
🎯Direction: short
⚡Entry/Order: 64.7851 - 64.9800
🛑Stop loss: 65.6298
🚀Target 1: 64.0053
🚀Target 2: 63.5180
🛡️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, exit automatically to protect capital.
Funding rate -0.0114% shows no signs of large-scale short squeeze, 1H consecutive bearish candles combined with dominant selling pressure, trend-following shorting has a decent risk-reward ratio. But oversold areas require caution for small-scale rebounds, focus on whether 64.78 can be effectively broken downward.
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