$SOL Signal】1H MACD bullish divergence correction; rebound lacks strength, continue shorting


$SOL RSI 1H touched 41.75. The MACD histogram turned positive, but price is still capped below the EMA20 at 70.12. The 4H Bollinger Band lower band near 68.62 is showing some temporary support, but the buy-side proportion is only 0.52, which lacks the power to push an effective rebound. The funding rate is neutral at 0.01%, open interest is stable, and bulls and bears are locked in a stalemate. When the rebound reaches the 69.5 area, selling pressure appears again, and short-term bears are favored.

🎯Direction: short

⚡Entry/Order: 69.4111 - 69.6200

🛑Stop loss: 70.3162

🚀Target 1: 68.5757

🚀Target 2: 68.0536

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss to break-even. If price drops back into the entry zone, automatically exit to protect capital.

The current risk-reward ratio is close to 1.5. The short position’s profit-loss ratio is acceptable; the key is whether 68.6 below can be broken through quickly. If it breaks down with increased volume, the bearish trend continues; if it consolidates on reduced volume, the rebound remains an opportunity to add to shorts.

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