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【$SOL Signal】Pullback to go long, 1H momentum continues
$SOL 1H level momentum persists, price stays close to the upper Bollinger band, MACD histogram still expanding. The 4H level just completed a golden cross, trend shifts to bullish alignment. The order book buy depth is dominant, and capital support is obvious. The current risk-reward ratio is close to 1:2, which is within an acceptable aggressive trading range.
Prices between 83.16 and 83.91 are good entry points; the current price at 84.32 is slightly high, so wait for a small-level pullback.
🛑Defense must be below 82.36.
🚀First target is 84.76, which is a previous high resistance zone.
🚀Second target is 85.56, corresponding to the 4H upper Bollinger band and previous structure level.
🛡️Trade management: - Execution strategy: After reaching the first target, cut half of the position, and move the stop loss of the remaining position to the breakeven price. If the price cannot stabilize in the entry zone, exit and observe directly.
Hourly volume expands at key levels, actively buying pushes the price up. Open interest remains stable, with no signs of divergence indicating a dump after a rise. Combined with positive funding rates, market sentiment leans towards mild bullishness, and short-term short squeeze risk is low. Under this structure, a pullback is an opportunity.
View real-time market 👇 $SOL
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