【$SOL Signal】Shorts chase: 4H Bollinger Band lower rail opens up, funding rate negative supports sell pressure

$SOL 1H RSI falls to 29.86, and 4H MACD negative bars expand. The Bollinger lower rail at 72.95 has been broken; the current price 73.33 is trading tightly near the lows. Buy-side depth is only 0.99, funding rate -0.0111%, and shorts’ position cost is low. Six consecutive 4H bearish candles with volume, with sell pressure continuously dominating.
🎯Direction: short
⚡Entry/limit orders: 73.1100 - 73.3300
🛑Stop loss: 74.0633
🚀Target 1: 72.2301
🚀Target 2: 71.6801
🛡️Trade management:
- Execute strategy: After reaching target 1, reduce position by 50%, and move the stop loss up to break-even. If price drops back to the entry zone, automatically exit to protect principal.
Although 1H RSI is in the oversold area, no bottom divergence signal is seen, and rebound strength is weak. There are few bids to catch below; shorts’ willingness to press down is strong. Current risk-reward ratio is about 1.5, aligning with short-term scalp logic.
View live market 👇 $SOL
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