【$SOL Signal】1H oversold, volume surge, then sharp selloff; Bollinger Bands open up as shorts accelerate

$SOL 1H RSI falls to 21.26. It’s in the oversold zone, but the MACD green histogram continues to expand—bear momentum shows no signs of exhaustion. The 4H lower Bollinger Band at 74.60 has been breached, with the opening slope turning downward. Buy-side depth is higher than 1.15, but sell orders actively consume—bid/ask depth imbalance of 6.8% favors the bears. Two consecutive 1H large bearish candles, with trading volume increasing, show no follow-through from buyers.
🎯Direction: short
⚡Entry/limit orders: 73.7182 - 73.9400
🛑Stop loss: 74.6794
🚀Target 1: 72.8309
🚀Target 2: 72.2763
🛡️Trade management: - Execute strategy: After reaching target 1, cut position by 50% and move the stop loss up to break-even. If price falls back to the entry level, automatically exit to protect principal.
Negative funding rate -0.0087% isn’t a plus for shorts, but stable OI indicates positions haven’t fled; a rebound is actually a window for shorts to add. Current risk-reward ratio is 1.5—shorting on the short term still has decent value.
View live price 👇 $SOL
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