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$SOL Signal | 1H Oversold Bounce + 4H Trend Support
$SOL 1H RSI dropped to 47.7, price fell to 81.63 then buying rebounded, depth Bid/Ask ratio 1.11 shows dense support orders below. 4H EMA20/50 bullish alignment, MACD death cross with shrinking volume, no sell-off.
🎯Direction: long
⚡Entry/Pending Order: 81.5048 - 81.7500
🛑Stop Loss: 80.9325
🚀Target 1: 82.9762
🚀Target 2: 83.5894
🛡️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.
1H consecutive three lower wicks, bearish momentum weakening. 4H Bollinger mid-band 79.95 provides strong support, current price reward-to-risk ratio 1.5, worth betting on continued rebound.
View real-time quotes 👇 $SOL
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