【$SOL Signal】Pullback to go long! 1H oversold divergence, 4H key support level for rebound

$SOL The 1H timeframe has experienced intense fluctuations between 81.62-83.97. Currently, the price is consolidating around 82.2 with decreasing volume. The 1H RSI has fallen to 33.87 into the oversold zone, indicating a technical rebound demand. Although the 4H has broken below the EMA20 (84.58) showing weakness, the price is close to the recent oscillation lower boundary, and open interest (OI) remains stable without signs of panic selling. Major players may be defending the support. This is a typical【pullback to go long】scenario, aiming for a rebound correction on the 1H level.

🎯Direction: Long (Long)

🎯Entry/Order: 81.80 - 82.00 (Reason: Rebound above the 1H previous low of 81.62 + support at the recent 4H box lower boundary )

🛑Stop Loss: 81.30 (Reason: Break below the previous low of 81.62 and the round number confirms a downtrend structure )

🚀Target 1: 83.50 (Reason: Resistance at the 1H EMA20 + recent rebound high )

🚀Target 2: 84.80 (Reason: 4H EMA20 and previous platform resistance )

🛡️Trade Management:

- Position size suggestion: Light (Reason: The 4H trend has not fully turned bullish, indicating a small countertrend within a larger trend )

- Execution strategy: After reaching Target 1, move the stop loss to the entry point (break-even). Hold remaining position towards Target 2. If the price consolidates in the entry zone for more than 4 1H candles without a move, consider actively exiting.

Deep logic: Market depth shows buy orders accumulating below 82.00 (over 10K orders), forming a short-term support wall. Negative funding rate (-0.0236%) combined with stable OI suggests shorts are paying fees, indicating a short squeeze risk. The 1H RSI and price are showing a potential bullish divergence, with rebound momentum brewing. Key is whether the price can stabilize and increase volume in the 81.60-82.00 area.

View real-time market 👇 $SOL

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