【$SOL Signal】Long - 1H pullback confirmation, accumulate strength before pushing to new highs
$SOL The 1H timeframe is strongly consolidating above the EMA20 (87.21), with the price refusing to drop sharply. The 4H timeframe is holding above the EMA50 (83.01), indicating a shift from a weak to a strong medium-term trend. Currently, the 1H RSI (59.37) is healthy and pulling back, with buy volume (bid_ask_ratio_depth: 1.46) significantly exceeding sell volume, showing that major players are actively accumulating at key support levels. In a negative fee environment, the price remains resilient, with potential for short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 87.50 - 87.80 (Reason: Dynamic support zone at 1H EMA20, concentrated buy orders in the order book )
🛑Stop Loss: 86.50 (Reason: Break below the 4H bullish candle start point at 87.15 and previous low, structure broken )
🚀Target 1: 89.40 (Reason: Resistance at the previous high on the 4H timeframe )
🚀Target 2: 91.50 (Reason: 4H high shadow peak on February 25 and 1.382 Fibonacci extension level )
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: 1H/4H cycle resonance, risk-reward ratio >1.5 )
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 89.40, aim the remaining position at 91.50.
Depth logic: Open interest (OI) remains stable and does not decline with price pullback, indicating that long positions have not exited in large scale. The latest 1-hour candle (09:00) shows buy volume at 58%, indicating active buy-back. Order book depth imbalance reaches 18.64%, with strong support below. Coupled with negative funding rates, short positions are costly, fueling upward pressure from longs.
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【$SOL Signal】Long - 1H pullback confirmation, accumulate strength before pushing to new highs
$SOL The 1H timeframe is strongly consolidating above the EMA20 (87.21), with the price refusing to drop sharply. The 4H timeframe is holding above the EMA50 (83.01), indicating a shift from a weak to a strong medium-term trend. Currently, the 1H RSI (59.37) is healthy and pulling back, with buy volume (bid_ask_ratio_depth: 1.46) significantly exceeding sell volume, showing that major players are actively accumulating at key support levels. In a negative fee environment, the price remains resilient, with potential for short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 87.50 - 87.80 (Reason: Dynamic support zone at 1H EMA20, concentrated buy orders in the order book )
🛑Stop Loss: 86.50 (Reason: Break below the 4H bullish candle start point at 87.15 and previous low, structure broken )
🚀Target 1: 89.40 (Reason: Resistance at the previous high on the 4H timeframe )
🚀Target 2: 91.50 (Reason: 4H high shadow peak on February 25 and 1.382 Fibonacci extension level )
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: 1H/4H cycle resonance, risk-reward ratio >1.5 )
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 89.40, aim the remaining position at 91.50.
Depth logic: Open interest (OI) remains stable and does not decline with price pullback, indicating that long positions have not exited in large scale. The latest 1-hour candle (09:00) shows buy volume at 58%, indicating active buy-back. Order book depth imbalance reaches 18.64%, with strong support below. Coupled with negative funding rates, short positions are costly, fueling upward pressure from longs.
View real-time market 👇 $SOL
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