【$SOL Signal】Pullback to go long! 1H pullback confirmation, 4H trend support, clear signs of main force defending the price

$SOL The 1H level is currently pulling back to test the EMA20 (87.13) and previous breakout level, forming a key support zone. The 4H level has stabilized above EMA20 (83.68), indicating a shift from a weak to a strong overall trend. The current price has pulled back from the high of 92.09 to around 86.7, which is a healthy correction, and the order book shows buy orders significantly thicker than sell orders (depth imbalance of 5.39%), indicating clear main force support. With negative funding rates, open interest remains stable, and bearish pressure is limited, making it an excellent short-term long entry point.

🎯Direction: Go Long (Long)

🎯Entry/Order: 86.50 - 86.80 (Reason: 1H EMA20 support zone + dense buy orders in the order book )

🛑Stop Loss: 85.30 (Reason: Break below 4H EMA20 support + previous low structure )

🚀Target 1: 89.50 (Reason: Previous high resistance + 4H Fibonacci 0.5 retracement level )

🚀Target 2: 92.00 (Reason: Previous high resistance level; a breakout could lead to new highs )

🛡Trade Management:

- Position size suggestion: Standard position (Reason: Multi-timeframe support resonance, risk controllable )

- Execution strategy: After entering, if the price quickly rises to target 1, reduce position by 50% and move stop loss to entry point. Hold the remaining position for target 2. If the price hovers in the entry zone for more than 4 one-hour candles without rising, consider halving the position or taking profits to break even.

Depth logic: The 1H RSI (51.56) is in a neutral to slightly bullish zone, with room for upward movement. The 4H RSI (62.48) indicates a relatively strong trend. Most importantly, during the price correction from the high, open interest (OI) remains stable and has not dropped significantly, indicating that long positions are not panicking and this is a technical correction. The buy orders in the order book are heavy, with over 30,000 SOL in the 86.6-86.7 range, providing strong buffer support. Coupled with negative funding rates, this is a typical “short squeeze” brewing structure.

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