【$SOL Signal】Long | 1H Breakout and Pullback Confirmation, Main Force Clearly Protecting the Market
$SOL The 1H timeframe is strongly consolidating above the EMA20 (87.22), with the price ranging around 88.3 to gather strength. The 4H timeframe has already broken through the recent oscillation upper boundary (87.5), forming a bullish structure. The current slight pullback presents a short-term sniper opportunity. Negative funding rate (-0.0091%) combined with stable open interest (OI Stable) indicates that bears face short squeeze pressure, making it easy for the price to rise and difficult to fall.
🎯Direction: Long (Long)
🎯Entry/Order: 88.15 - 88.25 (Reason: 1H EMA20 support zone, concentrated buy orders on the order book )
🛑Stop Loss: 87.00 (Reason: Break below 4H previous high of 87.22 and 1H EMA50 support at 85.14 )
🚀Target 1: 89.50 (Reason: Previous high resistance and psychological level )
🚀Target 2: 91.00 (Reason: 1.618 Fibonacci extension level, corresponding to the previous decline relay platform )
🛡️Trade Management:
- Position Size Suggestion: Standard position (Reason: 1H/4H resonance breakout, higher win rate )
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position to aim for Target 2. If the price pulls back into the entry zone and the 1H RSI drops below 50, exit all positions.
Deep Logic: The buy order depth significantly exceeds sell order depth (depth imbalance 7.55%), indicating strong support below. The 1H RSI (70.29) is high but not overbought, leaving room for upward movement. The buy/sell ratio on the 4H chart remains above 0.5 across multiple candles, showing active buying. Combining market logic suggests “price rising, main force entering or bears being squeezed,” and with stable open interest, ruling out purely short covering, indicating that bullish main force is actively attacking.
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【$SOL Signal】Long | 1H Breakout and Pullback Confirmation, Main Force Clearly Protecting the Market
$SOL The 1H timeframe is strongly consolidating above the EMA20 (87.22), with the price ranging around 88.3 to gather strength. The 4H timeframe has already broken through the recent oscillation upper boundary (87.5), forming a bullish structure. The current slight pullback presents a short-term sniper opportunity. Negative funding rate (-0.0091%) combined with stable open interest (OI Stable) indicates that bears face short squeeze pressure, making it easy for the price to rise and difficult to fall.
🎯Direction: Long (Long)
🎯Entry/Order: 88.15 - 88.25 (Reason: 1H EMA20 support zone, concentrated buy orders on the order book )
🛑Stop Loss: 87.00 (Reason: Break below 4H previous high of 87.22 and 1H EMA50 support at 85.14 )
🚀Target 1: 89.50 (Reason: Previous high resistance and psychological level )
🚀Target 2: 91.00 (Reason: 1.618 Fibonacci extension level, corresponding to the previous decline relay platform )
🛡️Trade Management:
- Position Size Suggestion: Standard position (Reason: 1H/4H resonance breakout, higher win rate )
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position to aim for Target 2. If the price pulls back into the entry zone and the 1H RSI drops below 50, exit all positions.
Deep Logic: The buy order depth significantly exceeds sell order depth (depth imbalance 7.55%), indicating strong support below. The 1H RSI (70.29) is high but not overbought, leaving room for upward movement. The buy/sell ratio on the 4H chart remains above 0.5 across multiple candles, showing active buying. Combining market logic suggests “price rising, main force entering or bears being squeezed,” and with stable open interest, ruling out purely short covering, indicating that bullish main force is actively attacking.
Trade here 👇 $SOL
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