$SOL Signal: Rebound to the lower Bollinger Band on 1H chart to go long, negative funding rate locks in the short-term retreat


$SOL Around 72.70 near the lower Bollinger Band on 1H chart shows clear support, after a volume surge and drop at 14:00, buy orders quickly replenished, from 15:00-16:00, buy orders account for 65% in the dense trading zone, strong willingness to hold at low levels. Although the 4H MACD histogram narrows, it remains above zero, indicating the bullish trend is intact. Funding rate at -0.0023% combined with stable open interest, shows insufficient desire for short positions to increase, short-term selling pressure is weakening. Current risk-reward ratio is 1.5, within an actionable trading range.
🎯Direction: Long
⚡Entry/Order: 73.1997 - 73.4200
🛑Stop Loss: 72.6858
🚀Target 1: 74.5213
🚀Target 2: 75.0720
🛡️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.
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SOL-0.14%
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