【$SOL Signal】Bears continue, 4H dead cross suppresses

$SOL 4H MACD dead cross spreads, with sell-side pressure sustained. After rebounding to 77.06 on the 1H timeframe, it quickly dropped again, showing insufficient buying strength. The current price of 76.63 is tightly hugging the lower band of the 4H Bollinger Bands, and support is fragile. Once the bulls’ line of defense is breached, the current price goes straight short.

🎯 Direction: short

⚡ Entry / Orders: 76.4001 - 76.6300

🛑 Stop loss: 77.3963

🚀 Target 1: 75.4805

🚀 Target 2: 74.9058

🛡️ Trade management:
- Execution strategy: After reaching target 1, cut 50%, and move the stop loss up to breakeven. If price falls back to the entry level, automatically exit to protect principal.

Deep logic: The 4H Bollinger midline at 77.81 has formed a strong pressure zone. The 1H rebound momentum is shrinking, and there’s not enough willingness from bulls to take bids. Although the order book buy depth is in advantage, the price still can’t hold above it; more of it is support via walls rather than active pushing higher. RSI on 1H at 39.65 is in a relatively weak range, leaving limited room for rebound. The short risk-reward ratio is about 1.5, suitable for short-term scalping.
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