$SOL Signal: Pullback then go long; 1H shorts are exhausted


$SOL 75.55 current price, 1H MACD dead cross but the histogram narrows, RSI 44.71 hovering in a low range, and sell-side momentum is weakening. The 4H Bollinger middle band at 74.95 forms support. The funding rate is negative at -0.0016%, suggesting shorts are crowded; OI is stable-to-rising, and short-squeeze conditions are gradually building.
🎯Direction: Long
⚡Entry / place orders: 75.3333 - 75.5600 (can enter directly at the current price)
🛑Stop loss: 74.8044
🚀Target 1: 76.6934
🚀Target 2: 77.2601
🛡️Trade management: - Execute the strategy: after reaching Target 1, reduce position by 50% and move the stop loss up to breakeven. If price falls back to the entry level, automatically exit to protect principal.
Order book depth shows buy-side support (Bid/Ask Ratio 1.08), with positive order intake. After 4H shorts shrink and rebounds become more likely, the reward-to-risk ratio is about 1.5x, worth targeting.
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