$SOL Signal】Bear continuation + 4H breaks below the lower Bollinger Band


$SOL RSI 1H 34.51, 4H MACD histogram bars -0.1632 continuing to expand. The sell-side ratio on 4H has stayed continuously above 52% for the last two K-lines. After the 74.46 low was refreshed, the rebound only went up to 74.85. The funding rate is 0.0026%, extremely low, with no sign that longs are willing to resist. Current price 74.74 — short directly, with a reasonable risk/reward.
🎯Direction: short
⚡Entry/limit orders: 74.4958 - 74.7200
🛑Stop loss: 75.4672
🚀Target 1: 73.5992
🚀Target 2: 73.0388
🛡️Trade management:
- Execution: After reaching Target 1, cut position by 50%, and move the stop loss up to breakeven. If price drops back to the entry level, automatically exit to protect principal.
Deep logic: The 4H Bollinger Bands are opening downward; the lower band at 75.20 has been broken through by the candle body, and bearish momentum shows no signs of exhaustion. The 1H-level rebound strength is weak. Although the bid depth versus 1.26 shows pending order support, actual trading volume is shrinking, and funds have no intention to defend the price. A short-term rebound to the 74.8-75.0 area is an ideal spot to initiate the next short.
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SOL-1.48%
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