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【$SOL Signal】Long snipe: 1H Bollinger lower band touch + 4H MACD bullish structure
$SOL 1H Bollinger lower band repeatedly tests around 70.05, with dense bid orders on the order book, showing clear support. The 4H MACD histogram is narrowing but still positive, and the trend has not reversed. Funding rate is 0.0028%, nearly zero, with no bearish sentiment.
🎯Direction: long
⚡Entry/limit order: 70.5776 - 70.7900
🛑Stop loss: 70.0821
🚀Target 1: 71.8518
🚀Target 2: 72.3828
🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching target 1, and move stop loss to breakeven. If price drops back to entry, exit automatically to protect capital.
Bid depth accounts for 7.93% of total depth, indicating active support from below. After high volume turnover below 70.5, the price quickly recovered. This kind of low-level turnover is often seen as floating supply washout. The risk-reward ratio is around 1.5, worth a try.
Check real-time quotes 👇 $SOL
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