【$SOL Signal】Bull-Bear Battle, Wait for Direction Confirmation on 1H Chart, Place Orders for Sniping!

$SOL The 1H chart is oscillating narrowly between 78-79, with the price suppressed below EMA20 (79.11). However, RSI (34.61) has entered oversold territory. The 4H chart shows the price touching the lower band of the descending channel. The short-term direction of bulls and bears is about to be decided. Open interest remains stable, with no signs of panic selling. The main force may be accumulating.

🎯 Direction: Watch and Wait (Order Strategy)

⚡ Breakout Order (Long): 79.30 - 79.50 (Reason: Valid breakout of 1H EMA20 and the upper boundary of the short-term consolidation zone, confirming bullish return)

⚡ Pullback Order (Long): 77.00 - 77.30 (Reason: Rebound from the previous low on the 4H chart and strong support at the lower band of the channel, betting on a rebound)

🛑 Stop Loss (Long): 76.40 (Reason: Break below key support, downside potential opens)

🚀 Target 1 (Long): 80.80 (Reason: Resistance at the previous minor high on the 4H chart)

🚀 Target 2 (Long): 82.50 (Reason: 4H EMA50 and previous platform resistance)

🛡️ Trading Management:

- Position Suggestion: Light position (Reason: Direction is unclear, it's a left-side battle, higher risk)

- Execution Strategy: If a breakout order is triggered, reduce position by 50% near Target 1, and move the remaining stop loss to the entry price. If a pullback order is triggered, strictly stop loss; consider exiting all positions if the price rebounds to Target 1.

Deep Logic: Market depth shows buy orders accumulating around 77.8 (7559 contracts), forming initial support. Negative funding rate (-0.0041%) suggests short-term dominance by bears, but if the price does not fall, a short squeeze may occur. The 1H RSI bottom divergence is forming, awaiting price confirmation. Stable open interest indicates not a main force offloading, but rather bulls shaking out. Key level to watch is whether the price can hold above 79.3.

Check real-time quotes 👇 $SOL

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