$SOL Signal】Pullback to buy, 1H level oversold correction


$SOL The 1H level price repeatedly tests near the lower band of the Bollinger Bands, RSI drops to 34.7, entering oversold territory. The 4-hour MACD histogram shifts from negative to positive, indicating shrinking bearish momentum. The order book below 79.00 is dense, with over 12,000 buy orders supporting the price, showing clear capital support intentions.

🎯Direction: Long

⚡Entry/Order: 78.72 - 78.83

🛑Stop Loss: 77.81

🚀Target 1: 82.92

🚀Target 2: 84.97

🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce position by half, and move the remaining stop loss up to the entry price. If the price cannot hold above 79.50, consider exiting early.

Position size remains stable; the price decline has not triggered large-scale liquidations, indicating limited market selling pressure. The negative funding rate suggests short positions need to pay costs, hinting at potential short squeeze scenarios. The 1-hour price has moved away from the moving averages, with a strong technical rebound demand. The risk-reward ratio is close to 1:4, making this a position worth risking limited capital for a potential bullish reversal.

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