【$SOL Signal】Shorts continue; rebound in the 1H oversold zone lacks strength

$SOL 1H RSI fell to 28.11. Although the MACD histogram has shrunk, the fast and slow lines are still in the deep-water zone with a dead cross. On 4H, the lower Bollinger Band at 72.77 is being tested repeatedly, and there’s no sign of exhaustion in short volume. Buy orders are being picked up near 73, but they’re continuously kept down.
🎯Direction: short
⚡Entry/Orders: 72.84 - 73.06
🛑Stop loss: 73.79
🚀Target 1: 71.96
🚀Target 2: 71.42
🛡️Trade management:
- Strategy execution: 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.
Deep logic: 4H MACD continues to diverge downward, OI remains stable, and the shorts have persistence. The current risk-reward ratio is 1.5. The oversold zone needs protection against a short-term pullback, but rebound strength is weak, and the short-order range is sufficiently safe.
Check live prices 👇 $SOL
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