【$SOL Signal】Pullback to buy, order cancellations reveal main force intentions

$SOL 1H level breaks below the lower Bollinger Band, RSI hits 40, but the 4H MACD bearish momentum continues to shrink, with the histogram turning red. The order book is rapidly canceling orders, with sell-side depth sharply thinning above 81.9, while buy orders in the 81.7-81.8 range are unusually dense, indicating obvious support from funds. Open interest remains stable, and the price decline has not triggered large-scale long liquidation, which usually suggests that the downward momentum is more due to spot selling pressure rather than leverage liquidations.

🎯Direction: Long

⚡Entry/Orders: Gradually accumulate in the 80.80 - 81.05 range

🛑Stop Loss: 78.75

🚀Target 1: 90.21

🚀Target 2: 94.80

🛡️Trade Management:
- Execution Strategy: After the price hits the first target, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot hold above 83.1 (1H EMA20) and falls back, consider exiting early.

The negative funding rate combined with stable open interest creates a potential short squeeze condition. The current price has entered the lower half of the 4H Bollinger Band, approaching the lower boundary of the daily dense trading zone. The 1H sell volume at new lows has not significantly increased, indicating a no-volume decline, and the probability of a rebound and correction is rising. The risk-reward ratio exceeds 4:1, making this accumulation highly favorable.

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