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$SOL Signal】Long setup: 1H Bollinger Bands narrowing, buy on dips for a rebound
$SOL 1H Bollinger Bands upper/lower bands 69.82-66.32, middle band 68.07, current price 68.22 slightly near the middle band. MACD bullish bars narrowing to 0.0586, RSI 48.14 in neutral-lower zone. Last four candles lows: 68.01, 67.96, 67.73, 68.06, bid support consistent, sell side ratio gradually decreasing to 0.55. I think it's the end of a narrow range, risk-reward ratio 1.5x is acceptable, entering a long position before funds decide direction.
🎯Direction: Long
⚡Entry/Pending Order: 68.1177 - 68.2200
🛑Stop Loss: 67.5378
🚀Target 1: 69.2433
🚀Target 2: 69.7549
🛡️Trade Management: On reaching Target 1, reduce position by 50%, move stop loss to breakeven. If price falls back to entry, exit automatically to protect capital.
Check real-time quote 👇 $SOL
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