$SOL Signal: Accelerated decline in oversold zone, bearish continuation


$SOL RSI 1H dropped to 28.81, the lower Bollinger Band at 65.96 has been breached, 4H MACD green bars continue to expand, bearish momentum shows no signs of exhaustion. Although the bid depth is 1.19, the sell-side proportion on the 1-hour chart has exceeded 54% for three consecutive candles, with insufficient support below.
🎯Direction: short
⚡Entry/Order: 65.5926 - 65.7900
🛑Stop Loss: 66.4479
🚀Target 1: 64.8032
🚀Target 2: 64.3097
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If the price falls back to the entry price, exit automatically to protect principal.
There is a previous high-volume area near 60.5, where short-term bounces may be blocked. The current risk-reward ratio is 1.5, worth the trade.
View real-time quotes 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#0成本拿2股SK海力士 #以太坊基金会重组降本 #苏格兰VS巴西
SOL-4.23%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments