【$SOL Signal】Long - 1H breakout pullback confirmation, main force clearly intends to defend the price

$SOL The 1H timeframe is consolidating strongly above EMA20 (86.70), just completing a pullback confirmation of the 4H EMA50 (86.21). The current price is building momentum around the 88 level, with 1H RSI (70.86) showing strength but not overbought, bid-ask depth (bid_ask_ratio_depth: 1.27) favors buyers, and the main force's intention to defend is clear. The 4H timeframe has broken above the recent consolidation zone upper boundary, indicating a bullish trend.

🎯Direction: Long (Long)

🎯Entry/Order: 87.80 - 88.10 (Reason: 1H EMA20 support zone & dense order book trading area )

🛑Stop Loss: 86.90 (Reason: Break below the 4H EMA50 key support & previous 1H candle lows )

🚀Target 1: 89.50 (Reason: Previous high resistance & 1.272 Fibonacci extension level )

🚀Target 2: 91.00 (Reason: 1.618 Fibonacci extension level & psychological round number )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: Multi-timeframe resonance, 4H trend confirmed )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Use trailing stop (e.g., 1H EMA20) for the remaining position to maximize profit. If the price cannot stabilize above 88.30, consider partial early take profit.

Depth logic: Open interest (OI) remains stable, and the price is rising without capital fleeing, indicating healthy upward movement. Market logic suggests “price rising, main force entering or shorts being squeezed,” combined with a negative funding rate (-0.0192%), indicating potential short squeeze. On the 1H level, volume and price are rising together, with a complete breakout structure. Selling pressure above is concentrated between 88.50-89.00; once broken, acceleration is expected.

Trade here 👇 $SOL

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