【$SOL Signal】Long - 1H pullback confirmation, accumulating strength to break previous high

$SOL The 1H timeframe is consolidating strongly above the EMA20 (86.70), just completing a pullback confirmation of the previous bullish breakout candle. The 4H timeframe is holding above the EMA50 (83.68), with the overall trend shifting from weak to strong. The current price hovers around 87.5 with narrow fluctuations, a typical accumulation structure after a breakout, indicating an upcoming directional choice. Market depth shows buy orders (87.4-87.49) are significantly thicker than sell orders (87.5-87.6), with an imbalance rate of 27.44%, indicating clear main force support. Open interest remains stable, and the price is resilient under negative funding rates, suggesting potential short squeeze opportunities.

🎯Direction: Long (Long)

🎯Entry/Order: 87.40 - 87.50 (Reason: 1H EMA20 support zone + concentrated buy orders in the order book )

🛑Stop Loss: 86.20 (Reason: Break below the 1H structural low + 1.5x ATR )

🚀Target 1: 88.80 (Reason: Resistance at the 4H previous high )

🚀Target 2: 90.50 (Reason: 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position size suggestion: Standard lot (Reason: 1H/4H trend resonance, risk-reward ratio >1.5 )

- Execution strategy: After reaching 88.80 (Target 1), reduce position by 50% and move stop loss to entry price 87.50. Hold remaining position to aim for Target 2; if price retraces and breaks the trailing stop, exit all to lock in profits.

Depth logic: 1H RSI (58.55) is in a healthy bullish zone, far from overbought. 4H RSI (63.18) indicates sufficient upward momentum. The key point is that after rising from the low of 85.14 to 88.26, the price did not undergo a deep correction but instead consolidated sideways in the 87.4-87.5 range, which is a sign of strength. Coupled with negative funding rates and stable growth in open interest, this appears more like bullish accumulation rather than main force distribution. The strong support at 86.20 (previous low) is critical; breaking below it would invalidate the short-term bullish logic.

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