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【$SOL Signal】Bearish continuation, 4H break downward
$SOL RSI 1H 40.91, buying support at low levels is weak, 4H MACD negative value widening but not turning positive, rebound strength is doubtful.
Lower Bollinger Band 68.23 has been tested multiple times, sell orders wall thickening.
🎯Direction: short
⚡Entry/Order: 69.4710 - 69.6800
🛑Stop loss: 70.3768
🚀Target 1: 68.6348
🚀Target 2: 68.1122
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even.
If price falls back into the entry zone, automatically exit to protect principal.
Bollinger Bands opening wider, bearish momentum not exhausted.
This trade has a risk-reward ratio of 1.5, and if the lower band is broken, it may accelerate, but caution is needed near 68 for potential support rebound.
Check real-time market 👇 $SOL
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