Whale Alert: #Hyperliquid Whale (0xf74d) Short $SOL with 5x leverage, entry price $84.7401, position value $2.04M. Source: CoinGlass #crypto

【$FORM Signal】Long - Opportunity to buy on pullback after 1H strong breakout $FORM The 1H timeframe has experienced a significant rally and is currently consolidating strongly at high levels. A single bullish candle on the 4H chart has established an upward trend. Although the short-term RSI indicates overbought conditions, the trading volume remains stable, and the depth of buy orders at key price levels is solid, suggesting that major funds have not exited. This is a typical characteristic of a strong coin. The current price is far from the 1H EMA20, making chasing the high very risky. The best strategy is to wait for a healthy pullback to target the secondary explosive point. 🎯 Direction: Long (buy on pullback) ⚡ Entry/Order: 0.2854 - 0.2918 (Pullback to 1H EMA20 and previous breakout support zone) 🛑 Stop Loss: 0.2700 (Below the previous 4H candle low and dense trading zone) 🚀 Target 1: 0.3200 🚀 Target 2: 0.3450 🛡️ Trading Management: - Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price does not reach the entry zone, do not chase the high. Deep Logic: In the past 24 hours, the price has increased by over 20%, with volume and price rising together. The key point is that during such a sharp increase, the open interest remains stable without significant decline, ruling out pure short-squeeze scenarios and indicating continued involvement of bullish major players. The 1H RSI has fallen back to around 70 from high levels. If it can stabilize here and the price pulls back into the optimized entry zone, it will present an excellent risk-reward opportunity. The dense buy orders below provide a buffer for the pullback. Check real-time market 👇 $FORM --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #元宵赏月领红包

$SOL Is that Bitcoin or Solana? All networks are trash if traded on Gate.