【$SOL Signal】1H Breakout Retest Confirmation, Targeting Short-term Continuation

$SOL 1H level is currently in a healthy volume contraction retest phase following a massive bullish breakout, with price hugging the 1-hour EMA20 line—a typical post-breakout confirmation move. The 4-hour level has firmly positioned above all moving averages with bullish trend, but current price has moved far from 4-hour EMA20, making chasing higher unadvisable; patiently await retest entry opportunities.

🎯 Direction: Long

⚡ Entry/Pending Order: 86.78 - 87.23

🛑 Stop Loss: 86.78

🚀 Target 1: 89.04

🚀 Target 2: 89.94

🛡 ️Trade Management:

- Execution Strategy: Upon price reaching first target 89.04, reduce position by 50% to lock profits and move stop loss of remaining position to entry price. If price breaks second target aggressively, move remaining position stop loss to trail, capturing larger potential.

( In-depth Logic: The massive early morning rally accompanied by buyer dominance signals main force capital entry. Although current open interest remains stable, 1-hour RSI has retraced from highs into healthy territory, accumulating strength for renewed upside. Order book data shows robust buy depth with dense buy orders in 89.5-89.6 zone providing support; pullback space is limited. Combined with normal funding rates and no excessive crowding risk, pullbacks present opportunities.)

View Live Chart 👇 $SOL

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