$SOL Signal】Bearish trend continues + 1H rebound exhausts


$SOL 4H RSI 33.4, in the oversold zone but with a buy-side order-book gap. The 1H MACD bullish crossover shows shrinking volume; price touches the Bollinger middle band and then pulls back. Sell orders at 73.99 actively push down the price, while the best bid (buy-1) has sparse orders.
🎯 Direction: short
⚡ Entry / limit orders: 73.7680 - 73.9900
🛑 Stop loss: 74.7299
🚀 Target 1: 72.8801
🚀 Target 2: 72.3252
🛡️ Trade management: - Execute strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the break-even level. If price drops back to the entry level, automatically exit to protect principal.
Bearish rationale: The 4H MACD histogram is still below the zero axis and contracting; the rebound lacks follow-through capital. OI remains stable, but depth indicates that sell pressure has not been fully released. The current price targeting short orders offers a still-acceptable risk-reward ratio.
Check live price 👇 $SOL
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