【$SOL Signal】Multi-cycle convergence, waiting for a breakout in the direction

$SOL The 1H level repeatedly tests the 85.44-85.79 range, the 4H Bollinger Bands are squeezed to the extreme, volatility compressed to a critical point. MACD on the 4H level shows a golden cross with the histogram continuously expanding, but on the 1H level, MACD histogram is contracting, with bulls and bears fiercely contesting within a narrow space. Market depth shows sell orders stacking above 86.20, buy orders supporting below 85.20, forming a clear oscillating box. This extreme convergence usually doesn't last long, and the risk-reward ratio is advantageous for current entry.

If the price can stabilize around 85.79, go long directly.

🛑 84.99

🚀 87.39

🚀 88.20

🛡️ After reaching 87.39, halve the position, and move the remaining stop-loss up to the entry price. If the price cannot hold above 85.80 and quickly falls back, consider exiting early.

The 4-hour buy orders continue to push the price higher, but the 1-hour chart shows each rally is accompanied by decreasing trading volume, indicating weakening momentum. However, the negative funding rate combined with stable open interest suggests short-term short squeeze risk. The key is whether the price can break through the sell wall at 86.20 with volume; once broken, the upside space will open. Currently, market sentiment is cautious, but the technical structure favors an upward attempt.

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