$SOL Signal】Short Exhaustion, Rally Imminent


$SOL price surged from the 96.14 high with volume selling off to 88.51, with 4-hour trading volume spiking to 9.23 million, but open interest remained stable without declining, indicating short-side main players haven't exited, indicating panic selling. 1-hour RSI has entered the oversold zone at 24.31, and price found support near 88.5, with buy orders beginning to accumulate, short momentum exhausted. In a negative funding rate environment, price hasn't collapsed further, indicating the market is digesting selling pressure, and rally momentum is being brewed.

🎯 Direction: Long Entry Orders

⚡ Entry: 88.16 - 88.40

🛑 Stop Loss: 86.10

🚀 Targets: 97.61 / 102.21

🛡 Strategy: At target 1, reduce position by half and move to breakeven.

View Live Chart 👇 $SOL
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