【$SOL Signal】Long - 1H pullback confirmation, main force clearly defending the market

$SOL The 1H timeframe, after a violent surge, is now undergoing a healthy pullback. The current price hovers around 87.5, right above the support zone formed by the 1H EMA20 (85.33) and EMA50 (84.67). A large bullish candle on the 4H chart broke through the previous consolidation range, establishing a bullish structure. Market logic indicates a price increase, combined with stable open interest, suggesting that the main force is entering rather than just short-term selling pressure. This is a strong signal.

🎯Direction: Long (Long)

⚡Entry/Order: 84.67 - 85.50 (Patiently wait for a pullback to the 1H EMA50 and the 4H breakout structure upper support zone)

🛑Stop Loss: 83.30 (Placed below the start point of the large bullish candle on the 4H chart)

🚀Target 1: 89.50

🚀Target 2: 92.00

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss to the entry price (break-even). If the price strongly breaks above the previous high of 90.32, move the remaining stop loss to 88.00 to seek greater gains.

Deep Logic: The 1H RSI (62.93) has retreated from overbought territory to a healthy zone, preparing for another upward move. Market depth shows heavy sell orders in the 87.55-87.70 range, which is short-term resistance that needs to be absorbed. However, buy orders below are still substantial, with only a -1.18% imbalance, indicating no panic selling. The key point is that after the rally, the price remains high with stable open interest, showing that bulls are not retreating. This is a typical sign of market support and accumulation, making the pullback an excellent second entry opportunity.

View real-time market 👇 $SOL

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