$SOL Signal | 1H bounce meets resistance, 4H bearish pattern continues


$SOL 1H bounce volume declining, 21:00 bullish candle volume only 750k, 4H Bollinger Band middle line 68.89 acts as clear resistance. MACD 1H golden cross but bars shortening, 4H bearish bars still expanding. Depth data shows buy orders stacked thicker, but price has not effectively broken through the 67.1 resistance zone. Considering recent risk/reward ratio, upside stop loss space is controllable.
🎯 Direction: short
⚡ Entry/Pending Order: 66.8389 - 67.0400
🛑 Stop Loss: 67.7104
🚀 Target 1: 66.0344
🚀 Target 2: 65.5316
🛡️ 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 principal.
4H bearish trend remains unchanged, 1H rebound provides a good short entry point. Negative funding rate indicates bearish sentiment is not overly crowded, but be aware of short-term upward risk.
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