【$SOL Signal】Pullback to Long + 1H level retest confirmation, clear signs of main force supporting the market

$SOL The 1H level is oscillating narrowly above a critical support zone, with the price retracing to the convergence area of the 4-hour EMA50 and 1-hour EMA20. Although short-term buying is somewhat hesitant, open interest remains stable, and market depth shows buy orders significantly thicker than sell orders, indicating a clear intention of main force to support the market. The 1-hour RSI has rebounded from oversold territory, and momentum is recovering. The 4-hour timeframe is still within an oscillating upward channel; this pullback presents an excellent short-term opportunity for positioning.

🎯Direction: Long (Long)

⚡Entry/Order: 85.20 - 85.54

🛑Stop Loss: 84.00

🚀Target 1: 87.50

🚀Target 2: 89.50

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss up to entry price 85.54. Trail the remaining position’s stop loss; if the price falls below the 1-hour EMA20 (around 85.98), exit all positions.

(Order Book Logic: The price has retraced from the 4-hour high, but open interest has not decreased significantly, indicating limited short covering pressure and more likely a bullish shakeout. The buy order imbalance exceeds 10%, with dense orders in the 85.20-85.40 range below, forming a strong support. The 1-hour RSI is forming a bullish divergence around 47, combined with negative funding rates, suggesting potential short squeeze opportunities. )

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