$SOL Signal: In the late stage of a narrow 1H range consolidation, bearish pressure continues to dominate


$SOL 1H Bollinger Bands have narrowed to 73.63-74.23, with price sticking near the midline around 73.93. 4H MACD negative bars are shrinking but still remain below the zero line, and the bounce strength is relatively weak. Bid depth at 1.09 has not formed strong push force, and a negative funding rate indicates that the short positions have lower holding costs.
🎯Direction: short
⚡Entry/Orders: 73.6185 - 73.8400
🛑Stop-loss: 74.5784
🚀Target1: 72.7324
🚀Target2: 72.1786
🛡🧭 Trade management: After reaching Target 1, reduce position size by 50% and move the stop-loss up to the break-even level. If price falls back to the entry zone, automatically exit to protect principal.
4H RSI at 31.82 is in the oversold area, but rebound momentum keeps fading. The amplitude of each 1H candlestick is less than 0.3%, and the market is waiting for a directional choice. As long as the bearish structure is not broken, rebounds are an entry opportunity.
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