#我在Gate广场过新年 $SOL 1H level is strongly consolidating above EMA20, just formed a large bullish candle breaking the previous high, with volume and price rising together. The 4H level has formed three consecutive bullish candles, breaking the downward trendline, indicating a trend reversal to bullish. Currently, the price is consolidating around 88.0, which is a healthy pullback after a strong breakout. Open interest remains stable, the price is firm, and the main force's intention to support the market is clear, rejecting deep retracements.


🎯Direction: Long (Long)
⚡Entry/Order: 87.80 - 88.10 (Enter near the current price)
🛑Stop Loss: 86.50 (Break below the 1H previous low support)
🚀Target 1: 90.50
🚀Target 2: 93.00
🛡️Trading Management:
- Execution Strategy: When the price reaches 90.50, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 87.80. If the price strongly breaks through 91.00, move the stop loss up to 90.00 to continue holding for target 2.
(Depth Logic: 1H RSI is as high as 75, indicating strong short-term buying momentum, but not in extreme overbought territory, leaving room for further upside. 4H RSI is at 63, in a healthy bullish zone. Market depth shows buy orders accumulating around 87.90-88.00, providing strong support. Market logic suggests the price will rise, combined with stable and high open interest, indicating that the main force is likely entering the market to push higher rather than a simple short squeeze. The 1H EMA20 has crossed above EMA50 to form a golden cross, indicating a perfect short-term technical setup. )
View real-time quotes 👇$SOL
SOL9.34%
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