$SOL Signal - short-term sell, 4H bearish momentum continues


$SOL 1H MACD histogram -0.0575 has slightly narrowed, but the 4H MACD histogram -0.1596 keeps expanding, and the bearish rhythm is clear. RSI on 1H is 35.62, already in the oversold zone but no turning point is visible. Order book Bid/Ask depth ratio is 1.11: buy-side liquidity is slightly thicker, but the price is still being suppressed, and sell-pressure digestion efficiency is low.
🎯Direction: short
⚡Entry/limit order: 74.9046 - 75.1300
🛑Stop loss: 75.8813
🚀Target 1: 74.0031
🚀Target 2: 73.4396
🛡️Trade management:
- Execution strategy: after reaching Target 1, cut positions by 50% and move the stop loss up to break-even. If price falls back to the entry level, auto-exit to protect principal.
Current risk-reward ratio is 1.5. It’s medium in hot coins, but if it directly breaks through the lower Bollinger Band at 74.41, the chances of acceleration are not small. The low fee rate (0.0013%) doesn’t put much pressure on shorts, but be wary of a sudden buying counterattack.
Check live market 👇 $SOL
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SOL-3.61%
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