【$SOL Signal】Pullback to Long! 1H Oversold Divergence, 4H Key Support Level for Rebound

$SOL 1H RSI(42.56) enters oversold zone, price has retested the 4H EMA50(86.57) and the 1H EMA50(86.47) resonance support zone. The latest 1H candlestick volume is extremely low, selling pressure weakens, and a rebound is brewing. Although the 4H candle closed bearish, open interest remains stable, with no signs of panic selling, indicating that the main force may be defending the market here.

🎯Direction: Long (Long)

🎯Entry/Order: 86.70 - 86.90 (Reason: 4H EMA50 and 1H EMA50 resonance support zone, 1H candle volume shrank to halt decline)

🛑Stop Loss: 85.90 (Reason: Break below yesterday’s 4H low of 86.78 and key psychological level, stop loss distance about 1.2 ATR)

🚀Target 1: 88.50 (Reason: 1H previous high resistance and EMA20 pressure level)

🚀Target 2: 90.00 (Reason: Yesterday’s 4H high resistance level, risk-reward ratio >1.5)

🛡️Trade Management:

- Position size suggestion: Light (Reason: Overall in a 4H consolidation zone, not a one-sided trend)

- Execution strategy: After reaching 88.50 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 86.90. If the price fails to break above 88.00 and weakens, consider exiting early.

Deep logic: Market depth shows buy orders accumulating in the 86.80-86.90 range (bid_ask_ratio_depth: 1.02), providing some support. Funding rate is slightly negative (-0.0020%), favorable for long positions. 1H RSI and price form a preliminary bullish divergence; if accompanied by increased volume bullish candles, the rebound momentum will be confirmed. The key battleground is the validity of the 4H EMA50 support, which is a typical bull-bear dividing line.

Trade here 👇 $SOL

---

Follow me: Get more real-time analysis and insights into 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