【$SOL Signal】1H Oversold Rebound Trading + 4H Key Support Test

$SOL The 1H timeframe is consolidating in the 80.26-82.22 range, forming a bottom. RSI(1H) has entered the oversold zone (35.72), indicating a technical rebound demand. The 4H candles are consecutively closing lower, with the price falling to the lower end of the recent consolidation zone, testing a critical support area. Current open interest remains stable, the price has declined but has not triggered a large-scale liquidation. Market logic suggests caution for potential main force distribution, but the negative funding rate (-0.0085%) hints at room for short squeeze.

🎯Direction: Long (Long)

⚡Entry/Order: 81.50 - 81.70

🛑Stop Loss: 80.10

🚀Target 1: 83.50

🚀Target 2: 85.00

🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to the entry level (81.50). For the remaining position, look toward Target 2. If the price consolidates in the entry zone for over 4 hours without showing signs of upward movement, consider exiting proactively.

Deep Logic: The 1H chart shows significant buy support around 80.26, forming a double bottom pattern. The EMA50 (83.46) and EMA20 (83.82) on the 4H chart form the first resistance zone above. The order book depth imbalance is -2.38%, with slightly more selling pressure than buying pressure, but the difference is small, indicating a healthy correction. The key is whether the price can quickly recover above 82.20 (1H EMA20) to confirm a short-term momentum rebound. In a negative funding rate environment, if the price stabilizes, it could trigger short covering and push a rebound.

Check real-time market 👇 $SOL

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