【$SOL Signal】Long - 1H pullback confirmation, 4H rebound continuation

$SOL The 1H timeframe, after experiencing a significant surge yesterday, is currently in a healthy pullback and consolidation phase. The price is ranging around 84.3, with the 1H EMA20 (82.67) providing strong dynamic support, and the 4H level has already stabilized above key moving averages, indicating the rebound structure remains intact. The current order book shows significantly thick buy depth (depth imbalance 6.64%), demonstrating strong support below, which is a typical signal of main force protecting the market. Open interest remains stable, and the fee rate is normal, providing a good environment for bulls to gather strength.

🎯Direction: Long (Long)

🎯Entry/Order: 84.10 - 84.30 (Reason: 1H EMA20 support zone, dense buy orders in the order book )

🛑Stop Loss: 82.80 (Reason: Break below the 1H EMA50 and the daily breakout 4H candle body low point )

🚀Target 1: 85.60 (Reason: Previous high resistance, also the 0.618 Fibonacci retracement level on the 4H timeframe )

🚀Target 2: 87.50 (Reason: The starting point of the previous downtrend on the 4H level, a key psychological resistance level )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 4H and 1H trend resonance, risk-reward ratio >1.5 )

- Execution strategy: After the price reaches 85.60, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price (break-even). If the price strongly breaks through 85.60 and stabilizes, hold the remaining position to target 87.50.

Depth logic: The 4H chart shows a volume-driven long bullish candle breaking through the downtrend, which is an initial signal of trend reversal. The 1H RSI (67.97) has fallen back from overbought territory to a healthy zone, freeing up space for further upward movement. Although current taker selling dominates, the price refuses to undergo a deep correction, and combined with thick buy depth, this indicates a typical “strong sideways consolidation with rotation,” rather than distribution. ATR (2.03) shows moderate volatility, providing room for short-term trading.

Trade here 👇 $SOL

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