$SOL Signal】Long - 1H timeframe buildup breakout, strong buy orders on the order book



$SOL The 1H timeframe is oscillating narrowly above the EMA20 (84.17), with the price being strongly supported and refusing to fall. The 4H timeframe is holding above the EMA50 (84.06), forming a key support level. The buy order depth on the order book far exceeds the sell orders (imbalance of 3.29%), indicating a clear intention by the main force to defend the price. This is a typical buildup pattern, and a direction will be chosen soon.

🎯 Direction: Long (Long)

🎯 Entry/Order placement: Near the current price of 84.19 or after breaking through 84.30, add to long positions ( Reason: Stabilizing above 1H EMA20, breaking the small hourly platform )

🛑 Stop loss: 83.50 ( Reason: Falling below 4H EMA50 and the previous 4H candle low )

🚀 Target 1: 85.20 ( Reason: Previous high resistance level )

🚀 Target 2: 86.00 ( Reason: 4H previous high and 1.618 Fibonacci extension level )

🛡️ Trading management:

- Position size suggestion: Light ( Reason: Moderate resonance between 1H and 4H trends, waiting for volume confirmation )

- Execution strategy: When the price reaches 84.30, it can be considered an initial breakout signal and a first entry. After reaching Target 1, reduce the position by 50% and move the stop loss to the entry point. The remaining position aims for Target 2.

Depth logic: Position volume remains stable, but the price remains resilient in a negative fee environment, indicating a potential short squeeze signal. The 1H RSI (52.66) is in a neutral to slightly strong zone with upward space. The key is whether buy orders can continue to sustain. If the price can volume-stably hold above 84.30, it will confirm short-term upward momentum. There is a strong accumulation of buy orders in the 83.50-84.00 range below, forming a solid support zone.

View real-time market 👇 $SOL

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