【$SOL Signal】Pullback to go long! 1H pullback confirmation, strong signs of main force defending the price under negative fee rate

$SOL The 1H level is testing the key EMA50 moving average (85.71) and previous support, with the price declining but open interest (OI) remaining stable. Combined with a -0.0097% negative fee rate, this is a typical short squeeze buildup. The 4H level remains in a 86-88 consolidation zone, but the RSI (46.96) on the 1H chart has fallen from overbought territory, preparing for another upward move. Market depth shows buy orders accumulating around 86.2-86.3, with strong support below.

🎯Direction: Long (Long)

🎯Entry/Order: 86.10 - 86.30 (enter in batches, prioritize 86.10)

🛑Stop Loss: 85.40 (break below the 1H low and EMA50 support)

🚀Target 1: 87.50 (upper boundary of the 4H consolidation zone and recent high)

🚀Target 2: 88.50 (accelerated target after breaking through the 4H range)

🛡️Trade Management:

- Position suggestion: Light position (Reason: 4H trend has not clearly broken through, range trading)

- Execution strategy: After reaching 87.50, reduce position by 50% and move stop loss to entry price 86.30. The remaining position aims for 88.50. If the price encounters resistance at 87.50 and falls back, breaking the trailing stop, exit all positions.

Depth logic: The price retraced from 88.2, but OI remained stable, indicating not a main force dump but long liquidation. In a negative fee environment, shorts pay fees, and a stabilization or rebound can easily trigger a short squeeze. The 1H buy depth (bid_ask_ratio_depth: 1.06) is slightly favorable, with dense buy orders around 86.1-86.3, making it an ideal sniper zone. ATR is 2.39, providing a reasonable stop loss range.

View real-time market 👇 $SOL

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