$SOL Signal】Pullback to go long! 1H level retesting support, signs of main force defending the price under negative funding rate



$SOL The 1H level is currently oscillating around the critical support zone of 81.5-82.0, forming a base. The price has rebounded from the lower boundary of the 4H downward channel. Although the 4H trend remains weak, the 1H RSI has recovered from oversold territory, and open interest remains stable, with no signs of panic selling. The current negative funding rate suggests that bears need to pay fees; if the price stabilizes here, a short squeeze rebound is highly likely.

🎯Direction: Long

⚡Entry/Order: 81.24 - 82.06

🛑Stop Loss: 80.18

🚀Target 1: 83.50

🚀Target 2: 84.80

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Trail remaining position for profit; if the price retests and falls below the average entry price, exit all positions.

Depth Logic: Market data shows a large accumulation of buy orders in the 81.95-82.05 range, forming a solid support. The 1-hour chart shows a long lower shadow around 81.5, indicating active buying. Open interest remains stable during the price decline, suggesting it’s not mainly institutional dumping but rather a liquidation of long positions. Combined with the negative funding environment, once buying momentum increases, short covering will accelerate the upward movement.

View real-time market 👇 $SOL

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