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【$SOL Signal】Pullback to go long + 1H level charging for launch
$SOL The 1H level is oscillating narrowly around 90.8, with the price closely following the 1-hour EMA20 moving average, currently in a key support zone preparing for a move. The 4-hour chart shows a triangle convergence at the end, indicating an imminent breakout. Under the current negative funding rate environment, open interest remains stable, prices are firm, and there is potential for a short squeeze.
🎯Direction: Long
⚡Entry/Order: 89.39 - 90.85 (suggest entering in batches)
🛑Stop Loss: 88.00
🚀Target 1: 93.50
🚀Target 2: 95.80
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. The remaining position will be managed with a trailing stop to aim for higher targets. If the price directly breaks the stop loss, exit decisively.
Depth Logic: The 1-hour RSI is in a healthy zone at 52, with room to move higher. Market depth data shows unusually thick buy orders in the 90.7-90.8 range, forming a strong support cushion. The 4-hour candlestick repeatedly tests the 89.5-92.9 range; a volume breakout above the upper band will open up rapid upward space. The combination of negative funding rates and stable prices is a typical sign of a short squeeze approaching.
View real-time market 👇 $SOL
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