【$SOL Signal】Pullback Long! 1H Oversold Divergence, Obvious Signs of Mainline Support

$SOL 1H timeframe has entered oversold territory, with price repeatedly testing around 86.8, showing signs of downside deceleration. The 4H timeframe remains in the lower zone of a high-level consolidation range, but open interest remains stable with no signs of panic liquidation, suggesting mainline players may be supporting the price. Current price has moved significantly away from the 1-hour moving average, making direct short chasing extremely risky. Instead, waiting for the pullback to end and targeting a rebound is an excellent opportunity.

🎯 Direction: Long (Pullback Pending Orders)

⚡ Entry/Pending Orders: 85.92 - 86.15 Range, Scale-in Accumulation

🛑 Stop Loss: 84.03

🚀 Target 1: 94.62

🚀 Target 2: 98.86

🛡 ️Trade Management:
- Execution Strategy: Use scale-in entries. When price touches the 85.92-86.15 range, you can build positions across two batches. After reaching the first target at 94.62, reduce position by 50% and immediately move stop loss up to entry price. Use remaining position to target the second goal. If price retraces and breaks below the adjusted stop loss level, exit completely.

Deep Logic: Although price has declined consecutively, open interest remains stable—not a mainline distribution feature, but rather appears to be long leverage liquidation. 1-hour RSI has dropped to 37.9, entering oversold territory with technical rebound demand. Order book data shows abnormally thick buy depth around 86.7-86.8, forming hidden support. Combined with negative funding rates requiring shorts to pay fees, if price stabilizes, it can easily trigger a short squeeze. The core of the current strategy is patiently waiting for price to retest the optimized support zone for low-risk accumulation.

View Live Market 👇 $SOL
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