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$SOL Signal】Pullback to Long + 1H Oversold Rebound Play
$SOL The 1H timeframe has entered the oversold zone, with the price forming a short-term base around 83.4. The 4H timeframe is testing the EMA50 support. Currently, the price is declining but trading volume remains stable, indicating not institutional dumping but rather a leveraged long squeeze. The 1H RSI has dropped to 31.56, showing a technical rebound is needed.
🎯Direction: Long (Long)
🎯Entry/Order: 83.40 - 83.60 (Current Price Area)
🛑Stop Loss: 82.70 (Below the previous low of 83.27)
🚀Target 1: 85.00 (1H EMA20 Resistance)
🚀Targ