$SOL Signal】Bullish accumulation, waiting for a pullback confirmation


$SOL 1H level price closely hugging the upper Bollinger Band, 4H MACD histogram continues to expand, bullish momentum remains. But the 1-hour RSI has risen to 64.84, and the buy depth imbalance reaches 9.72%, making chasing high easily lead to being trapped. The risk-reward ratio is currently not ideal, and a safer entry point is needed.

🎯Direction: Pullback to go long

⚡Entry/Order: Price retraces to the 84.93 - 85.30 zone for staggered entries

🛑Stop loss: 83.40

🚀Target 1: 88.00

🚀Target 2: 89.54

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back to the entry level, exit automatically to protect capital.

The 4-hour chart has just broken above the EMA20 and the middle band of Bollinger Bands, with buying pressure leading the recent large bullish candle. The 1-hour chart shows the price consolidating around 86.6, which is digestion of the previous rally rather than exhaustion. Market data indicates buy orders are thicker than sell orders, with an intention to support the market. The core of the current strategy is to avoid overheat chasing and to use natural market pullbacks to build positions.

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