【$SOL Signal】Long - 1H level accumulation breakout, main force defending the market under negative fee rate

$SOL The 1H level is oscillating and accumulating near EMA20 (85.23), with the price suppressed below the thin sell wall at 85.19-85.20. The 4H level shows a contracting triangle pattern, indicating an upcoming direction choice. Key signals: negative funding rate (-0.0106%) and stable open interest (OI), with the price remaining firm. This is a typical precursor to a short squeeze, with clear main force support. The 1H RSI (50.68) is neutral, with room for an upward breakout.

🎯Direction: Long (Long)

🎯Entry/Order: Buy after breaking 85.30 (Reason: Breaks above the current 1H oscillation upper boundary and dense sell pressure zone )

🛑Stop loss: 84.60 (Reason: Falls below recent 4H oscillation low and EMA50 support )

🚀Target 1: 86.70 (Reason: Previous high resistance level and also the upper boundary of the 4H triangle )

🚀Target 2: 87.50 (Reason: Previous platform resistance near January 30 )

🛡️Trade management:

- Position suggestion: Light position (Reason: 4H trend is not fully clear, belongs to 1H breakout game )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price 85.30. Hold remaining position for Target 2; if the price retraces to 85.30 and falls below, exit all.

Deep logic: The order book shows that sell pressure above 85.20 (2617 contracts) is not heavy; once broken, it can easily trigger short covering. Stable OI and the price not falling under negative fee rate indicate active capital support. The buy depth in the 85.00-85.10 range is very solid, providing strong short-term support. Combining market logic indicating “price rising, main force entering or shorts being squeezed,” we lean towards the former, betting on a bullish short squeeze.

View real-time market 👇 $SOL

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