$SOL Shorting signal: 4H bearish momentum expands, with sustained deep selling pressure


$SOL 4H MACD histogram at -0.3056 and continuing to grow; bearish momentum has not weakened. On 1H, there is about 50 points of room between the lower Bollinger band at 74.90 and the current price of 75.81, but the buy-side has a clear gap— the Bid/Ask depth ratio is only 0.78, and the sell order thickness is over 12% greater than the buy orders. RSI on 1H is at 37.81, in a weak zone, with extremely weak rebound strength.
Objectively speaking, the current risk-reward ratio is 1.5. Short-term support is expected around 74.67, but there has been no clear dip-buying volume momentum; the probability of the bears continuing is higher.
🎯Direction: short
⚡Entry/limit orders: 75.5826 - 75.8100
🛑Stop loss: 76.5681
🚀Target 1: 74.6729
🚀Target 2: 74.1043
🛡️Trade management: - Execution strategy: after reaching Target 1, cut 50% of the position and move the stop loss up to break-even. If the price drops back to the entry level, automatically exit to protect principal.
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