$SOL Signal | 1H Momentum Exhaustion, Short Layout on Resistance at Bounce


$SOL RSI 1H dropped from 69 to 50.72, buying momentum interrupted. 4H MACD bearish bars continue to narrow but have not turned positive, with EMA50 (69.10) above acting as resistance. Order book depth imbalance -1.22%, with active selling pressure. Current price 68.57, exactly within the recommended entry range, bearish thesis valid.
🎯 Direction: short
⚡ Entry/Pending Order: 68.3643 - 68.5700
🛑 Stop Loss: 69.2557
🚀 Target 1: 67.5414
🚀 Target 2: 67.0272
🛡️ Trade Management: - Execution Strategy: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If price falls back to entry, exit automatically to protect principal.
4H Bollinger Bands midline sloping downward, price under pressure again after bouncing near the lower band. Short-term short risk-reward is acceptable. Funding rate 0.002% remains neutral, no short squeeze signal, shorts can be held cautiously.
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SOL-1.46%
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