$SOL Bearish Signal: 1H MACD death cross + selling pressure depth imbalance


RSI 1H drops to 35.79, buy order depth is only 0.96, sellers continue to place orders to suppress. 1H MACD fast and slow lines form a death cross, no effective rebound at the lower band of Bollinger Bands at 67.85, bearish momentum not exhausted.
4H Bollinger Band middle band at 71.65 forms strong resistance, short-term rebound space is compressed.
Funding rate is 0.0037%, neutral, but open interest remains stable with no signs of short squeeze, selling pressure is expected to continue.
🎯Direction: short
⚡Entry/Order: 68.0353 - 68.2400
🛑Stop Loss: 68.9224
🚀Target 1: 67.2164
🚀Target 2: 66.7046
🛡️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.
Depth logic: Currently, sell orders are more concentrated than buy orders, with three consecutive 1H candles closing below EMA20, indicating very weak rebound strength. RSI shows no bottom divergence signal, and the price is likely to continue seeking support below 67.82. Calmly evaluate the risk-reward ratio of 1.5x, and follow stop-loss discipline.
View real-time market 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我的Gate交易时刻 #沃什首秀美联储利率不变 #预测世界杯巴西VS海地
SOL-4.12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned