【$SOL Signal】Long - 1H pullback confirmation, main force clearly defending the market

$SOL The 1H timeframe is consolidating strongly above the EMA20 (87.25), with the price refusing to drop sharply. Although the 4H timeframe is in a consolidation phase, the current 1H candlestick repeatedly tests the 87.5-88 region, with buy volume (bid_ask_ratio_depth: 1.44) far exceeding sell volume, indicating main force is supporting the market. Open interest remains stable under negative funding rate (-0.0090%), with potential for short squeeze. The current price is the optimal point for trading.

🎯Direction: Long (Long)

🎯Entry/Order: 87.50 - 87.70 (Reason: 1H EMA20 support zone, concentrated buy orders )

🛑Stop Loss: 86.30 (Reason: Break below previous 1H low of 86.53 and ATR lower band )

🚀Target 1: 89.50 (Reason: 4H resistance at previous high )

🚀Target 2: 91.80 (Reason: 1.618 Fibonacci extension level, corresponding to the previous rally )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: Clear 1H structure, defined support, risk-reward ratio > 2 )

- Execution strategy: After reaching 89.50, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 87.70. If the price strongly breaks through 90, move the remaining stop loss to break even and hold for greater gains.

Depth logic: Market logic indicates an upward trend, combined with stable open interest (OI_trend: Stable) and firm price action, suggesting this is not just a short squeeze but a strategic accumulation and support by main force. The 1H RSI (56.38) is in a healthy bullish zone with room to rise. The order book imbalance reaches 18.19%, with buy orders stacked below, creating significant resistance to downward movement. This is a typical intraday momentum buildup structure.

View real-time market 👇 $SOL

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