$SOL Signal】Bearish momentum continues, waiting for rebound failure


$SOL 1H timeframe closes consecutive down candles, price has broken below all short-term moving averages. The 4-hour MACD histogram is diverging downward, indicating bearish momentum is still expanding. Currently, the price is struggling near the lower Bollinger Band, but the rebound volume is extremely diminished, with a clear lack of buying pressure.

🎯Direction: Short

⚡Entry/Order: Accumulate in the 81.32 - 81.52 zone

🛑Stop Loss: Below 79.59

🚀Target 1: 89.23

🚀Target 2: 93.08

🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce position by 50% and move the remaining stop loss up to the entry price. If the price directly breaks below the stop loss, exit unconditionally.

Order book data shows persistent selling pressure accumulation, with dense orders in the 82.3 to 82.4 range above, forming a resistance to rebound. Open interest remains stable, but funding rates have turned negative, indicating market sentiment is pessimistic, with long liquidation pressure still present. The 1-hour RSI has entered oversold territory but shows no effective divergence. If a short-term rebound cannot be accompanied by increased volume, it presents another shorting opportunity. Under this structure, the risk-reward ratio is worth trying.

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