【$SOL Signal】Pullback to Long! 1H Oversold Rebound + 4H Key Support Play

$SOL After forming a clear low around 77.06 on the 1H timeframe, a volume-driven rebound occurred, and the current price is oscillating around 79. Although the 4H timeframe is still in a downtrend channel, it has already touched a key support zone (around the previous low of 77.16), and the 1H RSI (32.71) is severely oversold, indicating a technical rebound demand. Open interest (OI) remains stable and has not sharply decreased with the price drop, suggesting it is not purely a short squeeze, with signs of major players supporting the market. The bid-ask depth (bid_ask_ratio_depth: 1.07) is slightly favorable, with dense support below.

🎯Direction: Long (Long)

🎯Entry/Order: 78.60 - 78.80 (Reason: Rebound to 1H EMA20 support and previous small platform)

🛑Stop Loss: 77.00 (Reason: Break below previous low of 77.16 and key psychological level, invalidating the rebound structure)

🚀Target 1: 80.50 (Reason: Resistance at previous high on 1H and EMA50 pressure)

🚀Target 2: 82.50 (Reason: Lower boundary of the 4H downtrend channel and Fibonacci 0.382 retracement level)

🛡️Trade Management:

- Position Size: Light (Reason: The 4H trend is still bearish; this is a counter-trend rebound with higher risk)

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price (break-even). For the remaining position, look toward Target 2. If the price stalls and pulls back near Target 1, consider exiting all.

Deep Logic: The price plummeted from 85.2 to 77.06, a short-term decline of over 9.5%, releasing bearish momentum. The volume spike on the 1H chart between 06:00-07:00 is a clear sign of a trend reversal. The funding rate (-0.0537%) is negative, indicating potential for a short squeeze. Combined with stable OI, it suggests that funds are still supporting the decline, not just one-sided liquidation. The current strategy aims to capitalize on the first technical rebound after an oversold condition.

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