【$SOL Signal】Pullback to buy, capital support reveals intention

$SOL 1H RSI drops to 27.8, entering oversold territory. The lower band of the 4-hour Bollinger Bands at 87.58 and the 1-hour lower band at 86.56 form a double support zone. The current price hovers around 87.9, with buy orders 1.33 times deeper than sell orders. There are heavy orders in the 87.8 to 87.7 range below, indicating strong capital support. Although the 4-hour MACD is in a bearish state, the 1-hour histogram begins to shrink, showing weakening bearish momentum. Before the US stock market opens, frequent order cancellations occur, and such volatility often signals an upcoming trend reversal.

🎯Direction: Long

⚡Entry/Order: 87.04 - 87.24 range for placement

🛑Stop Loss: 85.33

🚀Target 1: 94.88

🚀Target 2: 98.69

🛡️Trade Management:
- Execution Strategy: After the price hits the first target of 94.88, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price cannot stay above 88.5 and falls below 87 again, it is considered a false breakout, and a prompt exit is required.

Position size remains stable; the price declines but does not trigger large-scale liquidations, indicating it is not panic selling. Negative funding rates suggest crowded short positions, which can easily trigger short squeezes upon rebound. The 1-hour chart has shown three lows, each higher than the previous, with very active support below. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a smaller stop loss to attempt a rebound toward the mid or upper band.

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