【#Gate蓝龙虾重磅上线 Signal】Buy on dip! 1H level retracement confirmation, main force defending the market under negative fee rate

The 1H level is currently oscillating around a critical support area, with the price pulling back from the high point, but open interest remains stable, indicating that the main force has not exited. The 4H level is still above the EMA50, and the overall upward structure remains intact. The current price decline accompanied by a negative funding rate is a typical precursor to a short squeeze. Once stabilized, the rebound will be very rapid.

🎯 Direction: Long (buy on dip)

⚡ Entry/Order: 84.45 - 84.67

🛑 Stop Loss: 82.56

🚀 Target 1: 93.10

🚀 Target 2: 97.32

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price fails to break through the first target and falls back into the entry zone, exit immediately and observe.

$SOL Depth Logic: Market depth data shows buy orders are significantly thicker than sell orders, indicating a clear imbalance. The 1-hour RSI is approaching oversold territory, suggesting a rebound demand. Most importantly, during the price decline, open interest did not decrease significantly, combined with the negative funding rate, indicating short positions are accumulating. Once the price stabilizes, a short squeeze is highly likely. The support around 84.5 below is a resonance support area where the 4H EMA50 and previous high-volume trading zones converge. $SOL

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