【$SOL Signal】Long - 1H pullback confirmation, accumulating strength to break previous high

$SOL The 1H timeframe is strongly consolidating above the EMA20 (87.03), with the price refusing to drop sharply. The 4H timeframe is holding above the EMA50 (82.99), and yesterday’s large bullish candle established a short-term upward trend. Currently, it is a healthy correction. The order book shows deep buy-side support, and market logic indicates a price increase. Combined with stable open interest, it suggests main players are either protecting the market or accumulating strength.

🎯Direction: Long (Long)

🎯Entry/Order: 87.10 - 87.30 (Reason: 1H EMA20 dynamic support zone, also the upper boundary of the current dense trading area )

🛑Stop Loss: 86.20 (Reason: Break below the previous low of the 1H consolidation platform and the start of the 4H bullish candle, structure is broken )

🚀Target 1: 89.40 (Reason: Yesterday’s 4H high resistance )

🚀Target 2: 92.10 (Reason: February 25 high, also the 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 4H trend is upward, 1H structure is clear, risk-reward ratio is favorable )

- Execution strategy: After reaching 89.40 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 87.30 (break-even). If the price strongly breaks through 89.40, hold the remaining position to aim for Target 2.

Deep logic: 1H RSI (57.87) is in a healthy zone with room to go higher. 4H RSI (64.58) indicates trend momentum remains. Although the latest 1-hour buy ratio has decreased, the price remains firm, a typical sign of main players shaking out weak hands. The order book imbalance is only 0.96%, with bulls and bears temporarily balanced. We are waiting for a directional breakout, betting on an upward move. There is heavy buy support in the 87.0-87.3 area below, forming a strong support zone.

View real-time market 👇 $SOL

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