【$SOL Signal】Long - 1H breakout confirmation, capital flows back to play rebound

$SOL The 1H timeframe has stabilized above EMA20 (85.28), accompanied by increased volume, indicating short-term momentum recovery. The 4H timeframe formed a double bottom pattern around 83.9 after a previous decline. The current price is testing the 4H EMA50 (84.25) resistance. Once it stabilizes, a rally toward the 88-90 zone may begin. Open interest remains stable, and the negative funding rate suggests limited bearish pressure. The order book shows significantly deeper buy-side depth compared to sell-side (imbalance 14.52%), indicating initial signs of main force support.

🎯Direction: Long (Long)

🎯Entry/Order: 86.00 - 86.20 (Reason: 1H EMA20 support zone, dense trading area in the order book )

🛑Stop Loss: 84.80 (Reason: Break below 4H double bottom neckline and previous low support )

🚀Target 1: 87.50 (Reason: Recent rebound high resistance level )

🚀Target 2: 89.00 (Reason: 1.618 Fibonacci extension level and previous high area )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 1H and 4H technical structures resonate, risk-reward ratio >1.5 )

- Execution strategy: After reaching 87.50, reduce position by 50% to lock in profits, and move the remaining stop loss up to entry price 86.20. If the price strongly breaks through 87.50, hold the remaining position toward 89.00.

Depth logic: Over the past 4 hours, the price rose from 84.1 to 86.6, with active buying (buy/sell ratio once reached 0.62). Although open interest remains stable, the price is holding up in a negative funding rate environment, a typical early stage of short squeeze. The 1H RSI (66.7) still has room to rise and has not entered overbought territory. Key is whether the price can consolidate above 86.0 and make a second push higher.

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