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【$SOL Signal】Bull Trap: Negative Funding Rate + Buying Support, 1H Pullback at Key Level
$SOL Buyers continue to accumulate around 67.31, Bid/Ask Ratio skyrocketing to 1.20, Short-term funding rate at -0.0031% but unable to suppress the price.
$SOL
1H Bollinger Bands converging at the upper band 67.60, lower band 66.16, with concentrated chips in the 67.10-67.30 range.
$BTC 4H MACD histogram shrinking but the fast and slow lines still above water, indicating the bullish trend framework remains intact.
🎯Direction: Long
⚡Entry/Order: 67.1081 - 67.3100
🛑Stop Loss: 66.6369
🚀Target 1: 68.3197
🚀Target 2: 68.8245
🛡Trade Management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even.
If the price falls back into the entry zone, automatically exit to protect capital.
Current risk-reward ratio is 1.5. In a negative funding rate environment, going long is essentially a game of short squeeze logic.
As long as 66.63 holds, the downward support is strong enough to absorb floating positions.
Check real-time market 👇 $ETH ---
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