$SOL Signal】Long | 1H Absorption with Volume + 4H Middle Band Support


$SOL 1H buying power ratio surged to 0.59, quickly lifting from the 70.08 low. The 4H Bollinger middle band at 70.28 provides support, and the MACD bullish bars are shrinking but haven't formed a death cross. Order book depth is 16.83% skewed to the buy side, funding rate is only 0.0034%, no short squeeze risk. Current risk-reward ratio is 1.5, stop-loss is clear, worth a try.

🎯Direction: Long

⚡Entry/Limit: 70.9665 - 71.1800

🛑Stop Loss: 70.4682

🚀Target 1: 72.2477

🚀Target 2: 72.7815

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

Low wick quickly recovered, selling pressure absorbed rapidly, buy orders keep pushing price up. If 1H holds above 71.18, bulls will test the 4H upper band. I prefer a small stop-loss to gamble on a breakout, after all, the end of a narrow range is usually accompanied by violent volatility.

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