【$SOL Signal】Pullback to Long + 1H level retest confirmation, game on for a second surge

$SOL The 1H level has experienced a violent rally and is now undergoing a healthy pullback, with the price retracing to around the 1H EMA20 (86.06) for initial support. The 4H candlestick forms a large bullish candle establishing a short-term upward trend, currently in a strong consolidation. Open interest remains stable, funds have not significantly withdrawn, and the bullish structure remains intact. The pullback is an opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 87.60 - 87.80 (Reason: 1H EMA20 support zone + previous rally’s 0.382 Fibonacci retracement level )

🛑Stop Loss: 86.50 (Reason: Break below 1H EMA50 support + previous 1H candle low )

🚀Target 1: 90.50 (Reason: Previous high resistance zone, also the high point of the 1H upper shadow )

🚀Target 2: 92.50 (Reason: 4H previous high resistance, ATR 1.618 extension level )

🛡️Trading Management:

- Position suggestion: Light position (Reason: After a rally, currently in a pullback game, slightly higher risk )

- Execution strategy: When the price reaches 90.50, reduce position by 50% and move stop-loss to entry price. Remaining position aims for 92.50 target. If the price cannot hold above 88.50 (immediate resistance), consider exiting early.

Deep logic: The 4H bullish breakout with volume from the consolidation zone indicates strong buying power. The 1H RSI has fallen from overbought to a neutral-leaning strong zone (69.99), preparing for another upward move. Market depth shows buy orders (bids) slightly thicker than sell orders (asks), providing strong support below. Funding rate is only 0.01%, indicating no overheating or short squeeze risk, conducive to trend continuation. The current pullback is an excellent second entry point.

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