【$SOL Signal】1H upper band under pressure + MACD shrinking, short-term scalp for a short

$SOL RSI 1H 64.5, 4H MACD bullish bars have been continuously shrinking for three straight candles; the 1H price is pushing up to around 75.29 near the Bollinger upper band. Buy order depth is slightly thicker, but there is a gap in the order book above 75.20. The funding rate is 0.006% with no clear guidance. The current price is consolidating above the 4H mid band at 75.05, while upward momentum is weakening. In the short term, there is a high possibility of pullback from a pressure level. The risk-reward ratio is about 1.5, worth trying a short.
🎯Direction: short
⚡Entry/limit orders: 74.8771 - 75.0800 enter in batches
🛑Stop loss: 75.8308
🚀Target 1: 73.9538
🚀Target 2: 73.3907
🛡️ Trade management:
- Execution plan: after reaching Target 1, cut 50% position size and move the stop loss up to break-even. If the price falls back to the entry zone, automatically exit to protect principal.
- The 1H MACD fast and slow lines are about to form a bearish cross, and the trading volume has not shown a pickup to support a breakout; the bullish side lacks sustained aggressive buying. If the 4H Bollinger band midline is effectively broken down, downside room will open up toward around 73.8. Keep an eye on whether the open interest remains stable—there are no signs of a short squeeze yet, so short positions do not need to be overly worried about short-term rebounds.
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