The 1H timeframe is showing strong consolidation above the EMA20 (86.70), with prices oscillating narrowly around 87.5. This is a typical buildup structure after a breakout. The 4H timeframe has stabilized above the EMA50 (83.68), indicating a bullish trend. The current negative funding rate (-0.0062%) combined with stable open interest (OI Stable) suggests that bears are still paying fees, and there is a risk of short squeeze. The order book depth (bid_ask_ratio_depth: 1.72) is significantly better on the buy side, clearly indicating that the main force is defending the price.

🎯Direction: Long $SOL Long(

🎯Entry/Order: Currently around 87.5, you can try a small long position directly, or wait for a pullback to the 86.8-87.0 range (supported by 1H EMA20) to add positions.

🛑Stop Loss: 85.8 (below the previous 4H candle low and key support zone)

🚀Target 1: 89.2 (recent 4H high resistance)

🚀Target 2: 91.5 (previous high area and psychological level)

🛡Trade Management:
- Position suggestion: Small position (Reason: 1H is in a consolidation zone at the upper boundary, waiting for a clear breakout signal to confirm strength).
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price (break-even). The remaining position aims for Target 2. If the price spikes and then falls back, breaking the trailing stop, exit all positions.

Depth logic: The 1H RSI (58.62) is in a healthy bullish zone, not overbought, with room to rise. The last few 1H candles show active buying (buy_sell_ratio once reached 0.65), but the latest candle's volume has decreased, requiring a volume breakout above 87.8 (1H previous high) to confirm a new rally. Market logic indicates the price is falling but open interest remains stable, suggesting it’s not a main force offloading, but rather a shakeout. The area around 86.0-86.5 (dense trading zone) provides strong support.

View real-time market 👇)#Gate广场发帖领五万美金红包 $SOL