$SOL Signal | 1H breakdown to the downside, follow the trend to short

$SOL RSI 1H drops to 18.25, order book buy ratio only 0.49, selling pressure continues to suppress. 4H Bollinger lower band at 69.69 has been broken, MACD bearish momentum bars continue to expand. Funding rate -0.012% but did not trigger a short squeeze, rebound strength is very weak. Price is fluctuating around 68.5, with strong resistance at EMA20 71.65 above, multiple tests have not reclaimed it.

🎯Direction: short

⚡Entry/Order: 68.294 - 68.500

🛑Stop loss: 70.838

🚀Target 1: 64.993

🚀Target 2: 63.240

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

During the decline, trading volume increased to 2.96 million, actively by sellers. This accelerated downward structure presents a rebound as a shorting opportunity, with a risk-reward ratio of 1.5 being acceptable.

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