【$SOL Signal】Pullback confirmation, bulls strike again

$SOL 1H level completes oscillation in the 83.75-84.84 range, with buy orders 1.35 times deeper than sell orders, fully exposing the capital support intent. Although the 4H MACD histogram is contracting, the fast and slow lines remain above zero, indicating the bullish trend remains intact. The 1H price stays close to the EMA20 and EMA50 convergence zone, with a thick layer of orders below at 83.87-84.16, forming a clear support band. Liquidity is usually weaker in the early weekend hours, but currently, order book depth is unbalanced, with selling pressure quickly absorbed. Under this structure, a risk-reward ratio of 1.48 is worth trying.

🎯Direction: Long

⚡Entry/Orders: Enter in batches within the 83.87 - 84.16 range

🛑Stop loss: 82.47

🚀Target 1: 86.68

🚀Target 2: 88.08

🛡️Trade management:
- Execution strategy: After the price hits the first target of 86.68, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 84.16 and falls back, exit immediately and observe.

Order book data shows over 60k buy orders stacked below 84.5, while sell orders from 84.6 to 84.7 are relatively sparse. The 1-hour RSI has fallen from overbought territory to 54.9, providing room for another upward move. Open interest remains stable, and the negative funding rate reduces some short squeeze risk, making it more conducive for bulls to steadily push higher. This combination of depth and price action is more convincing than simply analyzing candlestick patterns.

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