【$SOLUSDT】This Wave of Data Doesn't Look Right, Deep Breakdown


$SOLUSDT Buying pressure fracture, severe divergence between price and volume, get out quickly. During regular intraday fluctuation period, price is being suppressed below EMA20 and EMA50, struggling near the lower Bollinger Band, bulls show no intention to counterattack. After MACD death cross at the 4-hour level, it continues to decline, bearish momentum is still releasing, while the minor rebound at the 1-hour level lacks volume support—typical continuation of the downtrend. Order book data reveals the truth: sell orders are significantly thicker than buy orders, depth imbalance exceeds 7%, weak fund support intent. Under negative funding rates, price still faces pressure, indicating the market is generally bearish on the outlook.
Direction: Short
Entry/Limit Order: Go short directly around current price 87.20, or add position at 87.50-87.70 on rebound
Stop Loss: Above 88.30
Target 1: 85.20
Target 2: 83.50
Trade Management: Reduce position by half at first target, trail breakeven with remaining position to chase deeper pullback.
View live market 👇 $SOLUSDT
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡
SOL-4,33%
BTC-3,28%
ETH-4,87%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin