【$SOL Signal】Short-term bearish trend continues; the 4H downside momentum hasn’t fully faded

$SOL The 4H Bollinger Band lower rail at 74.13 has already been broken, and the current price of 73.95 is trading tightly along the lower rail. The 1H RSI is 23.69, with a clear gap in the buy side; rebounds lack strength. In the 4H MACD histogram, the value -0.4107 keeps expanding, and the bearish momentum hasn’t been fully released. Although the 1H MACD negative value is converging, the height isn’t enough to call it a reversal. Bid/Ask depth is 1.07—buys are propping the market, but the force is extremely weak, and sell orders below near 74.0 are sparse. The funding rate remains negative at -0.012%; with insufficient long/short ratio data, there are no squeeze signs. Keep a light position short; the risk-reward is still acceptable. Watch for rebound risk in the oversold zone.
🎯Direction: SHORT
⚡Entry/Limit order: 73.7281 - 73.9500; short directly within the current price range
🛑Stop loss: 74.6895
🚀Target 1: 72.8407
🚀Target 2: 72.2861
🛡️Trade management: - Execute strategy: After reaching target 1, reduce position by 50%, and move the stop loss up to the breakeven level. If price drops back to the entry level, automatically exit to protect principal.
Under the suppression of the 4H trend, every 1H rebound has been pressured by the bears, making it difficult for short-term longs to form effective resistance. The liquidity in the 73.5-73.8 range has been consumed, and there’s a higher chance of probing toward 72.8. Calmly assess the current risk-reward ratio of 1.5—this is a fairly standard short-term scalp opportunity.
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