【$SOL Signal】Pullback to Long! 1H Oversold Divergence, Initial Signs of Main Force Supporting the Market

$SOL The 1H RSI has entered the oversold zone (33.85), and there is a clear accumulation of buy orders in the 85.1-85.3 range, forming a short-term support level. Although the 4H timeframe is still in a downtrend, open interest (OI) remains stable and has not decreased with the price decline, indicating that this may not be main force distribution but rather passive long liquidation. The 1H and 4H EMA50s (86.38) are forming a potential convergence, signaling an imminent reversal.

🎯Direction: Long (Long)

🎯Entry/Order: 85.10 - 85.30 (Reason: 1H support zone + concentrated buy orders)

🛑Stop Loss: 84.40 (Reason: Break below recent strong support level + ATR(1.77)Lower Band)

🚀Target 1: 86.80 (Reason: 1H EMA20 resistance + previous rebound high)

🚀Target 2: 88.00 (Reason: 4H downtrend channel upper boundary + Fibonacci 0.382 retracement level)

🛡️Trade Management:

- Position suggestion: Light position (Reason: 4H trend remains bearish, this is a counter-trend rebound play)

- Execution strategy: After reaching Target 1, move stop loss to entry price (break-even). For remaining position, look toward Target 2; if price stalls around 86.80, consider taking profit early.

Depth Logic: Market depth shows a large volume of buy orders in the 85.10-85.30 range (over 20,000 units), forming a protective barrier. Stable OI with falling price suggests "short squeeze" or "shakeout" characteristics. 1H RSI is forming a bullish divergence; if the price quickly recovers above 86.0 (1H EMA50), it will confirm a short-term bullish reversal. Currently, funding rates are extremely low, with no excessive selling pressure.

Trade here 👇 $SOL

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