【$SOL Signal】Pullback to Long! 1H RSI Bottom Divergence, Clear Sign of Main Force Supporting the Market

$SOL The 1H timeframe is oscillating around a critical support zone (79.3-79.5). RSI shows bottom divergence, with price declining but indicators not making new lows, a typical short-term exhaustion signal. Although the 4H timeframe is still in a downtrend, open interest (OI) remains stable and has not decreased significantly with the price drop, indicating that the main force is not dumping heavily but rather supporting the market at this level. Combined with negative funding rates, there is potential for a short squeeze rebound.

🎯Direction: Long (Long)

🎯Entry/Order: 79.30 - 79.50 (Reason: 1H previous low support zone, concentrated buy orders on the order book, RSI bottom divergence area)

🛑Stop Loss: 78.80 (Reason: Break below recent 1H low, invalidating bottom divergence structure)

🚀Target 1: 80.80 (Reason: 1H EMA20 resistance and previous minor high)

🚀Target 2: 81.80 (Reason: Opening price resistance of the previous 4H candle)

🛡️Trading Management:

- Position Size: Light (Reason: 4H trend remains bearish; this is a rebound game against the small trend in favor of the larger trend)

- Execution Strategy: After reaching Target 1, move stop-loss to entry price (break-even). For remaining positions, look toward Target 2. If the price stalls near Target 1, consider taking full profit.

Deep Logic: Market depth shows buy orders accumulating around 79.3 (bid_ask_ratio_depth: 0.75), with relatively dispersed sell pressure. Stable OI indicates the decline is not driven by main force selling but resembles long leverage liquidation. 1H RSI has rebounded from oversold territory; if the price can hold above 79.5, it will confirm a short-term bottom, attracting short-term follow-up traders. This is a typical 'needle in panic' scenario.

Check real-time quotes 👇 $SOL

---

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