【$SOL Signal】Oversold Rebound Play! 1H RSI Seriously Oversold, Watch for Short Covering Rebound Opportunities $SOL The 1H timeframe has experienced a waterfall decline and entered an extremely oversold zone (RSI 1H=18.3). The price is oscillating narrowly between 77.0-78.0, which is a typical sign of stabilization after a sharp drop. Although the 4H timeframe remains in a downtrend, open interest (OI) stays stable and has not dropped significantly with the price plunge, indicating it’s not purely a bullish squeeze. Short-term, the bearish momentum may weaken. Coupled with negative funding rates, there is a short-term opportunity for a short squeeze rebound. 🎯Direction: Long (Long) 🎯Entry/Order: 77.40 - 77.60 (Reason: Current lower boundary of the consolidation zone, 1H small double bottom pattern forming ) 🛑Stop Loss: 76.80 (Reason: Break below previous low 77.06 and key round number confirms continuation of decline ) 🚀Target 1: 79.50 (Reason: 1H EMA20 resistance level and previous minor support ) 🚀Target 2: 81.00 (Reason: Starting point of the 4H large bearish candle and Fibonacci 0.382 retracement level ) 🛡️Trading Management: - Position Size Suggestion: Light (Reason: 4H trend remains bearish, this is a counter-trend rebound play with higher risk ) - Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position to aim for Target 2. If resistance around 79.50 is strong, consider exiting all positions. Deep Logic: Order book shows heavy sell orders above 77.65, but buy orders below 77.50 are still decent, forming a short-term standoff. The key is whether volume can break through 78.0 and stabilize. The 1H RSI is severely oversold, indicating a technical correction is needed. Stable OI suggests no large-scale bullish capitulation. If the price quickly recovers above 78.5, it may trigger a chain reaction of short covering. View real-time market 👇 $SOL --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包

$SOL DROPS BELOW $80 #SOL #Crypto #Blockchain #CryptoNews #BearMarket

【$ETH Signal】Oversold Rebound Play! 1H RSI Bottom Divergence, Short Squeeze Opportunity Under Negative Funding Rate $ETH The 1H timeframe has entered a narrow consolidation after a sharp decline, with RSI dropping to 23.52 indicating severe oversold conditions and showing signs of bottom divergence. Although the 4H trend remains downward, the latest candlestick features a long lower shadow, and open interest remains stable. Under the negative funding rate environment, the risk of short squeeze is accumulating. This presents a typical technical correction and short squeeze opportunity after a sharp drop. 🎯Direction: Long (Long) 🎯Entry/Order: 1860 - 1865 (Reason: Support at the lower boundary of the 1H consolidation zone, RSI bottom divergence area ) 🛑Stop Loss: 1842 (Reason: Break below previous low of 1844.46, confirming the continuation of the downtrend ) 🚀Target 1: 1895 (Reason: Resistance at the 20 EMA on the 1H chart ) 🚀Target 2: 1925 (Reason: Resistance at the first rebound high after the plunge ) 🛡️Trade Management: - Position Size Recommendation: Light (Reason: The 4H trend is still bearish, indicating a counter-trend rebound with higher risk ) - Execution Strategy: After reaching 1895, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry level at 1865. If the price strongly breaks through 1895, hold the remaining position and aim for 1925. Deep Logic: Open interest has not decreased significantly after the plunge, indicating that bulls have not fully surrendered, and bears have not exited in large numbers. The negative funding rate of -0.0394% continues to pressure short positions. The 1H RSI is severely oversold, creating a strong technical rebound demand. Market depth data shows buy orders concentrated around 1862, providing immediate support. This is a short-term sniper opportunity leveraging market panic fading and short squeeze logic. Check real-time market 👇 $ETH --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包