$SOL Signal】Pullback to buy, main force’s bottoming intention exposed


$SOL The 1H timeframe forms a double bottom near 85.4, with strong buying depth and dense orders in the 86.6 to 86.5 region below. The 4-hour MACD shows a bearish crossover but the histogram is contracting, indicating weakening bearish momentum. Under a negative fee environment, open interest remains stable, and selling pressure is being continuously absorbed.

🎯Direction: Long

⚡Entry: Enter around 85.9 directly, or place an order at 85.85 for a pullback.

🛑Stop Loss: 84.1

🚀Target 1: 93.8

🚀Target 2: 97.7

🛡️Trade Management:
- Execution Strategy: After reaching the first target, halve the position; move the remaining stop loss up to the entry price. If the price cannot hold above 87.5, consider exiting early.

Order book data shows significant buy accumulation, with over 15,000 SOL buy orders below 86.6 providing support. The 1-hour RSI has rebounded from 34, breaking out of the oversold zone. The 4-hour price has touched the lower Bollinger Band, which typically attracts buying interest. The current risk-reward ratio exceeds 4, making this a favorable trade.

View real-time market 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
SOL-4.69%
BTC-2.77%
ETH-3.74%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin