【$SOL Signal】Bear Trap - 1H divergence confirmed, short entry on rebound

$SOL On the 1H timeframe, MACD histogram is contracting, price failed to break the previous high of 83.58, indicating waning momentum. The 4-hour chart shows price being suppressed below the EMA50, with the upper Bollinger Band at 84.6 forming strong resistance. Market data indicates significant sell orders above 82.8, with weak buying interest.

🎯Direction: Short

⚡Entry/Order: Enter in batches within the 82.40 - 82.66 range

🛑Stop Loss: 83.00

🚀Target 1: 80.14

🚀Target 2: 79.13

🛡️Trade Management:
- Execution Strategy: After reaching the first target of 80.14, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position for the second target. If the price rebounds back to 82.70, exit all positions.

Position remains stable while the price declines, a typical weak consolidation. The 1-hour RSI hovers around 52, lacking upward momentum. Combined with deep buy orders below 82.7, indicating that funds are placing orders at lower levels rather than actively pushing the price up. The current risk-reward ratio exceeds 8, making it worthwhile to use a small position to bet on a downward acceleration.

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