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【$SOL Signal】Pullback to buy, 1H level momentum repair
$SOL The 1-hour level just completed a quick shakeout, with the price dropping from 80.9 to 79.11 and then quickly rebounding, forming a long lower shadow. The lower band of the 4-hour Bollinger Bands around 77.1 provides strong support, and the current price has already broken above the 1-hour EMA20 moving average. The MACD 1-hour histogram continues to expand, showing strong buying interest in the 79.1-79.3 area.
🎯Direction: Long
⚡Entry/Order: 79.44 - 79.70
🛑Stop Loss: 78.90
🚀Target 1: 81.50
🚀Target 2: 83.00
🛡️Trade Management:
- Execution Strategy: After the price hits the first target, reduce half of the position and move the remaining stop loss up to the entry price. If the price cannot hold above 80.2, consider partially exiting early.
Position size remains stable, and there was no panic selling during the dip, indicating that the bulls are relatively firm. The 1-hour RSI quickly rose from oversold territory to 56, showing rapid momentum shift. Market data shows significant buy orders in the 80.0 to 80.1 range, with clear capital support intentions. The rebound after this shakeout has a very clear risk-reward structure.
Check real-time market 👇 $SOL
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#Gate广场四月发帖挑战 #三月非农数据来袭 #加密市场行情震荡