$SOL Signal: 1H rally meets resistance, opportunity for short selling

$SOL Dense sell orders appeared near the upper Bollinger Band at 69.64 on the 1H chart, price dropped from 69.43 to 69.13, buy-side order depth ratio fell to 39%, absorbing power clearly weakened. Although the 4H MACD histogram is shrinking, it remains negative, bearish momentum not fully digested. Current risk-reward ratio is 1.5, short-term resistance level is clearly identifiable.

🎯Direction: short

⚡Entry/Limit order: 68.9226 - 69.1300

🛑Stop loss: 69.8213

🚀Target 1: 68.0931

🚀Target 2: 67.5746

🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect capital.

Deep logic: After the rapid 1H rally, volume began to shrink, 4H RSI is still at a low of 46, rebound lacks sustainability. Funding rate is negative but fluctuates very little, longs have not retreated significantly, instead forming a high-level standoff. After the rebound meets resistance, short-term selling pressure is likely to be released intensively. The first support below is around 68.09, if broken, look at 67.57.

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