$SOL Signal】1H timeframe MACD golden cross, pullback to lower Bollinger Band support and rebound


$SOL 1H timeframe MACD histogram turns positive, fast and slow lines form a golden cross below the zero line. Price finds support near 83.22 at the lower Bollinger Band on the 4H chart and rebounds, currently testing the 1H EMA20 resistance at 84.83. Market depth data shows slight buying advantage, but the 4H MACD remains in a bearish zone; overall rebound strength needs observation.

Price has support around 84.48, consider a light position to target the rebound.

Set stop-loss above 86.41.

First target at 84.35, break above that to look toward 83.67.

After reaching the first target, halve the position, and move the remaining stop-loss to the entry price.

Current negative funding rate offers a weak short squeeze expectation, but selling pressure on the 4H chart has not been fully absorbed. Increased volume is key to sustaining the rebound. The 1H RSI has recovered from oversold levels to around 43, providing short-term trading space with a decent risk-reward ratio.

Check real-time quotes 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#GatePreIPOs首发SpaceX #Gate13周年现场直击 #加密市场小幅下跌
SOL-1,27%
BTC-0,88%
ETH-1,91%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin