【$SOL Signal】Pullback with multiple rebounds, 1H RSI bullish divergence begins to appear

$SOL The 1H timeframe shows signs of waning downward momentum after consecutive declines, with the price repeatedly testing the 78-81 range, but open interest (OI) remains stable, indicating no panic selling. The 4H timeframe is still in a downtrend channel, but the daily chart has reached oversold territory, suggesting a technical rebound is likely. The current market is at a crossroads between 【Downtrend Continuation】 and 【Oversold Rebound】, so focus on capturing rebound opportunities.

🎯 Direction: Long (Long)

🎯 Entry/Order: 80.50 - 81.20 ( Reason: Potential double bottom neckline and EMA20 resistance zone on the 1H chart, entering in stages )

🛑 Stop Loss: 78.00 ( Reason: Break below recent consolidation lows and psychological support, invalidating the rebound structure )

🚀 Target 1: 84.50 ( Reason: Resistance from the previous small platform on the 4H chart and EMA50 )

🚀 Target 2: 87.80 ( Reason: Strong resistance zone formed by the rebound high on February 14 )

🛡️ Trading Management:

- Position Size: Light ( Reason: The 4H trend remains bearish; this is a contrarian rebound, with higher risk )

- Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold the remaining position for Target 2. If price stalls around 84.50, consider exiting completely.

Deep Logic: Market logic suggests 'price declines, combined with open interest analysis,' and since OI remains stable, it indicates that the current decline may not be due to large-scale liquidation by major players, but rather a short squeeze or market sentiment release. If a bullish divergence appears on the 1H RSI (to be confirmed in real-time), it will be an excellent rebound signal. The order book depth is neutral, with balanced bulls and bears, waiting for one side to break the deadlock. The core of this strategy is to play a technical rebound, quick in and out.

View real-time quotes 👇 $SOL

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