$SOL Signal] 4H Bearish continuation, sell on rebound


$SOL Bollinger Bands 4H lower band 70.0470, price near the middle band downward. 1H MACD bearish momentum shrinking, but RSI 36.74 not oversold. Selling pressure has been continuously suppressed for 3 consecutive 4H candles, very thin depth.
🎯Direction: short
⚡Entry/Order: 71.5348 - 71.7500
🛑Stop loss: 72.4675
🚀Target 1: 70.6737
🚀Target 2: 70.1356
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
This risk-reward ratio of 1.5 is acceptable; the bearish continuation structure has not been broken, and the rebound strength is relatively weak.
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 #Gate股票7x24小时交易 #预测世界杯英格兰VS加纳
SOL-5.23%
View Original
post-image
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