【Signal SOL】Long | 4H Volume Breakout + Short Squeeze Structure

The 4-hour candlestick experienced a decisive breakout during the 15th 20:00 - 16th 00:00 period. Price rallied from $87.86 to $93.23, with trading volume surging from 2.12M to 7.79M, an increase of 267%. Open interest remained stable at a high of 9.97M, without the typical decline associated with false breakouts. Following the breakout, price pulled back to $91.36, with 1-hour trading volume contracting from 3.29M to $3,286, presenting a standard volume-contracting pullback.

🎯 Direction: Long

⚡ Entry: 91.20 - 91.50

🛑 Stop Loss: 88.78

🚀 Targets: 92.07 / 93.39

🛡 ️Strategy: Reduce position by half at Target 1, move remaining position to breakeven, and pursue Target 2.

Logic: Current market structure exhibits typical short squeeze characteristics. During the breakout, buying volume accounted for 54%, with institutional capital actively sweeping orders. During the pullback, buying volume dropped to 46%-48%, but price found dense buying support at $91.36 (487-8436 SOL stacked). Positive funding rate of 0.01% indicates healthy long position costs, with shorts lacking rate advantage. Depth data shows selling pressure forming in the 91.37-91.56 zone, but buying builds a thicker support wall in the 91.20-91.36 range. After institutional capital used the volume breakout to attract followers, the volume-contracting pullback is clearing weak hands. The path of least resistance remains upward, targeting the $93.39 previous resistance zone.

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