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【$SOL Signal】1H Breakout and Pullback, Bullish Momentum Continues
$SOL The 1H timeframe price has broken above the upper Bollinger Band, RSI has surged to 72.44, and buying pressure continues to push higher. The 4H MACD has formed a golden cross with the histogram expanding steadily, indicating strong bullish momentum. The order book below 83.00 is heavily stacked, showing clear support from funds.
🎯Direction: Long
⚡Entry/Order: 80.21 - 80.57
🛑Stop Loss: 80.57
🚀Target 1: 82.95
🚀Target 2: 83.50
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, exit automatically to protect capital.
The 1H EMA20 and EMA50 are in a bullish alignment, and a pullback to the EMA20 area is an ideal entry point. Open interest remains stable with no abnormal outflows, and funds are still actively trading within the market. The current risk-reward ratio exceeds 4, making this trade highly attractive. The resistance near 83.20, the previous 4H high, if broken, could open further upside space.
View real-time market 👇 $SOL
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