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【$SOL Signal】Pullback to buy, 1H level funds clearly support the bottom
$SOL The 1H level repeatedly tests the range of 78.83-80.55, with buy orders deep below 79.10 being unusually substantial, totaling over 30k orders. The 4H MACD histogram is contracting, indicating weakening bearish momentum. In a negative fee environment, the price has not made a new low, fully exposing the intention of funds to support the bottom.
🎯Direction: Long
⚡Entry/Order: 78.50 - 78.66
🛑Stop Loss: 77.10
🚀Target 1: 84.85
🚀Target 2: 87.95
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Order book depth shows buy orders stacking below 79.10, with selling pressure quickly absorbed. The 1H RSI has bottomed three times near 36 without breaking, forming a small bottom structure. The 4H price is close to the lower Bollinger Band, but trading volume is shrinking during the decline, indicating exhausted bearish force. The risk-reward ratio at this position exceeds 4, making it worthwhile to set up for a rebound.
View real-time market 👇 $SOL
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