【$SOL Signal】Short covering sniper, 4H rebound fails

$SOL On the 4H chart, MACD shows a bullish crossover below the zero line but momentum remains weak, with the price firmly suppressed below the EMA20. The 1-hour chart shows a rally followed by a pullback, with heavy selling pressure around 83.45 and a clear gap in buying volume.

🎯Direction: Short

⚡Entry: Short directly near the current price of 82.40, aggressive traders can set a buy limit at 82.50 for additional positions.

🛑Stop Loss: 83.50

🚀Target 1: 80.30

🚀Target 2: 78.30

🛡️Trade Management:
- Execution Strategy: After reaching the first target, move the remaining stop loss down to the entry price to lock in profits. If the price rebounds to 82.80 and stabilizes for 1 hour, consider exiting early.

Order book data is quite interesting. Over 7,000 SOL are stacked above 82.45 on the sell side, while buy orders below 82.30 are also dense, forming a narrow squeeze zone. Open interest remains stable but upward momentum is weak, a typical case of funds supporting without pushing. The 1-hour RSI repeatedly struggles around 50, unable to break through effectively. This balance between bulls and bears often ends with a breakout in the direction of least resistance, with current resistance above being more clearly defined.

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