$SOL Signal: 1H breakdown accelerating downward, bearish continuation


$SOL RSI 1H has dropped to 30.6, bid depth imbalance at 6.75%, sellers completely dominate. 4H MACD histogram continues to expand, bearish momentum has not weakened. The lower Bollinger Band around 79.64 has been broken, price is trading below the lower band, the channel is widening, further downside space opened. Funding rate remains negative, but OI stays stable, indicating longs have not liquidated on a large scale, shorts are more willing to increase positions.

🎯Direction: Short

⚡Entry/Pending Order: 78.6932 - 78.9300

🛑Stop Loss: 79.7193

🚀Target 1: 77.7461

🚀Target 2: 77.1541

🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price drops back to entry, exit automatically to protect capital.

Current risk/reward ratio is about 1.5, stop loss placed above EMA50, which is a reasonable risk control zone. Market panic has not fully released; if short-term rebound lacks massive absorption, it will likely continue to decline.

View real-time quotes 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market!
#GUSD年化升至3.8% $BTC $ETH $SOL
SOL-2.64%
GUSD0.02%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned