【$SOL Signal】Short-term bearish squeeze: 4H downtrend continues, 1H rebound lacks strength

$SOL On the 1H timeframe, RSI falls to 29.23, with price consolidating sideways within the oversold region. The lower band of the Bollinger Bands has been probed multiple times near 72.17; bids pick up the wick, but without a breakout and no volume-following rally. On the 4H timeframe, MACD green bars continue to expand, and bearish momentum has not been fully released. Funding rate is -0.0158%, and market sentiment is bearish, but depth of 1.32 suggests there are thicker limit orders below, implying a short-term rebound risk. The current risk-reward ratio is about 1:1.5, suitable for lightly positioning at the pullback level.
🎯Direction: short
⚡Entry/limit orders: 72.9405 - 73.1600
🛑Stop-loss: 73.8916
🚀Target 1: 72.0626
🚀Target 2: 71.5139
🛡️Trade management:
- Execution plan: After reaching target 1, cut position by 50% and move the stop-loss up to the breakeven level. If price drops back to the entry area, exit automatically to protect principal.
After three consecutive 4H bearish candles, the market stabilizes, but trading volume keeps decreasing, limiting rebound height. On the 1H, there’s a lack of active buying pressure to push price higher, and capital is only passively picking up. If over the next two days price fails to reclaim 73.5, the bears will reassert force, and the target will test the previous low near 71.5. Please manage risk.
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