【$SOL Signal】Pullback to Long + 1H level RSI bottom divergence, obvious signs of main force supporting the market
$SOL The 1H level forms a double bottom near 77.06, RSI shows bottom divergence, and the price refuses to decline further. Although the 4H level is still in a downtrend channel, open interest remains stable, and the price stays firm under negative funding rates, indicating a potential short squeeze rebound.
🎯Direction: Long (Long)
⚡Entry/Order: 78.60 - 78.80
🛑Stop Loss: 77.00
🚀Target 1: 80.50
🚀Target 2: 82.20
🛡️Trading Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position to aim for Target 2. If the price retraces to the entry area and breaks below, exit unconditionally.
Deep logic: A massive lower shadow appears at 77.06 on the 4H level, indicating strong buying support. Despite the price decline, open interest remains stable, suggesting it’s not main force unloading, but rather a liquidation caused by long positions being wiped out. The 1H RSI (34.49) is near oversold and shows divergence, with a deep buy order imbalance of 3.63%. Selling pressure is concentrated above 78.8; once broken, space will open quickly. Under negative funding rate conditions, the risk of short squeeze is accumulating.
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【$SOL Signal】Pullback to Long + 1H level RSI bottom divergence, obvious signs of main force supporting the market
$SOL The 1H level forms a double bottom near 77.06, RSI shows bottom divergence, and the price refuses to decline further. Although the 4H level is still in a downtrend channel, open interest remains stable, and the price stays firm under negative funding rates, indicating a potential short squeeze rebound.
🎯Direction: Long (Long)
⚡Entry/Order: 78.60 - 78.80
🛑Stop Loss: 77.00
🚀Target 1: 80.50
🚀Target 2: 82.20
🛡️Trading Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position to aim for Target 2. If the price retraces to the entry area and breaks below, exit unconditionally.
Deep logic: A massive lower shadow appears at 77.06 on the 4H level, indicating strong buying support. Despite the price decline, open interest remains stable, suggesting it’s not main force unloading, but rather a liquidation caused by long positions being wiped out. The 1H RSI (34.49) is near oversold and shows divergence, with a deep buy order imbalance of 3.63%. Selling pressure is concentrated above 78.8; once broken, space will open quickly. Under negative funding rate conditions, the risk of short squeeze is accumulating.
View real-time market 👇 $SOL
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Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL