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【$SOL Signal】Pullback to go long / Moving average golden cross confirmation
$SOL Stand firm above EMA20 on the 1H timeframe, 4H MACD histogram continues to expand, bullish momentum not exhausted.
Order book buy orders are clearly accumulating around 85.4, with a depth imbalance of -17.15% indicating strong support below.
Liquidity is usually weaker in the early weekend hours, but open interest remains stable, and the funding rate is only 0.006%, showing no signs of overheating, leaving room for further price appreciation.
If the price pulls back to the 84.2-84.8 range, it is an ideal entry point.
⚡Entry: Go long directly around 84.5.
🛑Stop loss: 82.2.
🚀Target 1: 86.0.
🚀Target 2: 87.2.
🛡️Trade management: - Execute strategy: after reaching Target 1, halve the position, and move the remaining stop loss up to the entry price.
If the price cannot stabilize in the entry zone, exit decisively.
The middle band of the 4H Bollinger Bands at 83.56 has turned into support, and the 1H moving average system is in a bullish alignment.
The current risk-reward ratio is close to 1:3, making the odds favorable.
The real risk is that the price fails to pull back effectively and directly surges, causing missed opportunities, so placing limit orders is more prudent than chasing highs.
Check real-time market 👇 $SOL
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