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【$SOL Signal】 Narrow-range consolidation at the end, 1H MACD golden cross gathering strength
$SOL Market depth imbalance -5%, but the 1H MACD histogram has just turned red, and the 4H histogram is also contracting. Both bulls and bears are waiting for a trigger point.
🎯Direction: Long
⚡Entry: Enter at the current price of 86.26, or add positions around 86.00, both are acceptable within the range.
🛑Stop loss: 85.47, a break below this invalidates the bullish logic.
🚀Target 1: 87.84, near the upper band of the 4H Bollinger, first take-profit level.
🚀Target 2: 88.62, breaking through previous high resistance.
🛡️Trade management:
- Reduce half at 87.84, move stop loss to the entry price of 86.26 to protect capital. If the price retests 86.26 without breaking below, hold the remaining position and look for 88.62.
(In this low-fee, low-volatility environment, the cost basis for longs is very low. Risk-reward ratio of 2:1, worth a shot. Trading volume is shrinking, a trend reversal is imminent. )
Check real-time market 👇 $SOL
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