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【$SOL Long Position】1H Bollinger lower band rebound + negative funding rate short squeeze
$SOL 73.62, 1H Bollinger lower band 72.6091, buy order depth ratio 56%? bid_ask_ratio_depth reaches 1.07, funding rate -0.0027%, shorts continue to pay. 1H MACD green bars contract but price has not broken previous low 72.29, bearish momentum weakening. 4H RSI 64 not overbought, short-term support around 73.0 is dense. Current price entering, betting on a second rally after 1H level pullback confirmation.
🎯Direction: Long
⚡Entry: 73.40-73.62 range
🛑Stop Loss: 72.88
🚀Target 1: 74.72
🚀Target 2: 75.28
🛡️Trade Management: Reduce 50% at Target 1, move stop loss to break-even. Exit if price falls back to entry level.
Depth logic: 1H volume rebounds with decreasing volume but 4H momentum remains stable, bulls have not lost their position. Under negative funding rate, if bears cannot suppress the price, short squeeze potential exists. Risk-reward ratio 1.5, worth a shot.
Check real-time market 👇 $SOL
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