$SOL Signal】Long | 1H breakout and pullback confirmation, main force clearly intends to support the market



$SOL The 1H timeframe is consolidating strongly above EMA20, just completed testing and pulling back from the previous high of 86.68. The 4H timeframe has stabilized above EMA50, forming a short-term upward trend. The current price is closely aligned with the sell side at the order book, ready to move.

🎯Direction: Long (Long)

🎯Entry/Order: 86.45 - 86.55 (Reason: 1H EMA20 dynamic support zone + median of previous hour's candlestick body )

🛑Stop Loss: 85.70 (Reason: Break below 1H previous low support + 1.5x ATR )

🚀Target 1: 87.50 (Reason: Previous wave high resistance level )

🚀Target 2: 88.50 (Reason: 4H previous high resistance zone )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 1H/4H trend resonance, risk-reward ratio >1.5 )

- Execution strategy: After price reaches 87.50, reduce position by 50% and move stop loss to entry price. Remaining position aims for the second target; if price pulls back into the entry zone and breaks below EMA20, exit all.

Deep logic: Price has surged strongly from 83.91 to 86.68 within the 4-hour cycle, with open interest (OI) remaining stable, indicating the rally is driven by genuine buying rather than short covering. The 1H RSI is as high as 73.53, showing strong short-term momentum. Market depth indicates significant buy orders accumulated between 86.40-86.50, forming a support wall. Negative funding rates suggest shorts are still present, hinting at potential short squeeze opportunities. This healthy pullback after a breakout is an excellent short-term entry point.

View real-time market 👇 $SOL

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