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【$SOL Signal】Pullback to add long positions, 1H level rebound momentum brewing
$SOL The 1H level is oscillating narrowly around 81.4, with the lower band of the 4-hour Bollinger Bands at 80.2 providing strong support. The 1-hour MACD green bars are beginning to shrink, indicating weakening bearish momentum. The order book shows heavy buy orders below 81.3, with clear intent of support from funds.
🎯Direction: Long
⚡Entry/Order: 80.82 - 80.97
🛑Stop Loss: 79.57
🚀Target 1: 86.58
🚀Target 2: 89.38
🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce half of the position and move the stop loss to the entry price. Hold the remaining position for the second target. If the price pulls back to the entry area, exit all positions.
Position size remains stable, with no panic selling during price dips. Negative funding rates persist, meaning bears pay costs, with potential for short squeeze. The 1-hour RSI has rebounded from oversold territory to 41, supported by buy-side depth advantage, indicating a short-term rebound structure is forming. The risk-reward ratio exceeds 4, making this setup worth trying.
View real-time market 👇 $SOL
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