$SOL Signal: Bearish continuation, 1H oversold but not yet bottomed

$SOL RSI 1H 30.02, funding rate missing, buying pressure weak. 4H MACD green bars continue to expand, bearish momentum not yet exhausted. Price has broken below the 4H Bollinger lower band, the support at 69.08 below has lost significance.
🎯Direction: short
⚡Entry/Order: Short directly in the 68.5238 - 68.7300 range
🛑Stop loss: 69.4173
🚀Target 1: 67.6990
🚀Target 2: 67.1836
🛡️Trade management: - Execute strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
From the short-term order book, the depth imbalance of 0.52% indicates that buying and selling forces are close to equilibrium, but sell orders are thicker, making a rebound unlikely. Under this structure, the risk-reward ratio for shorting is acceptable, but caution is needed for short-term squeeze after intraday oversold conditions.
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