$SOL Signal】4H bearish divergence, rebound on 1H hits resistance, short-term long/short targeting short positions


$SOL 4H MACD green histogram keeps expanding, and bearish momentum has not shown signs of exhaustion. The 1H rebound after reaching 74.96 was met with selling pressure; the Bid/Ask depth ratio is 0.36, and buy-side orders are thin. RSI on 1H is 41.22, leaving limited room for the rebound. The lower Bollinger Band at 74.04 forms short-term support but is likely to break. Sell-side aggression is active; a position can be initiated around the current price near 74.9.
🎯 Direction: short
⚡ Entry / limit orders: 74.6853 - 74.9100
🛑 Stop loss: 75.6591
🚀 Target 1: 73.7863
🚀 Target 2: 73.2245
🛡️ Trade management: - Execute strategy: After reaching target 1, reduce position size by 50%, and move the stop loss up to breakeven. If price drops back to the entry level, automatically exit to protect principal.
Current funding rate is extremely low, with no risk of forced short liquidations. The short thesis is purely based on technical structure. Wait for the rebound to enter the range before executing.
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