[$SOL Signal] Short-term Bearish Strike - 1H Upper Band Resistance


$SOL Current price 69.2, the 1H Bollinger Band upper rail at 70.24 forms resistance, buy order slope slowing. 4H MACD bearish histogram still shrinking but direction unchanged, funding rate near zero, sell side depth dominates under balanced long-short forces.

🎯Direction: short

⚡Entry/Pending Order: Enter directly in the 68.992 - 69.200 zone

🛑Stop Loss: 69.892

🚀Target 1: 68.162

🚀Target 2: 67.643

🛡️Trade Management:
- Execution Strategy: Reduce position by 50% after reaching Target 1, and move stop loss up to breakeven. If price falls back to the entry point, automatically exit to protect principal.

After consecutive bullish candlesticks on the 1H chart, an upper shadow has appeared, indicating temporary exhaustion of buying power. Current risk-reward ratio is about 1.5, worth trying a short-term short, wait for 1H RSI turning down for confirmation.

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