【$SOL Signal】Pullback to add longs + 1H level accumulation, strong support in the order book
The 1H level is oscillating narrowly between 83.4-83.9, currently accumulating below the key EMA moving averages (EMA20_1H: 83.9, EMA50_1H: 84.07). The 4H level price retraced to EMA50 (83.63) for support, and the latest 1H candlestick shows buy volume ratio as high as 83%, indicating strong buying interest below. The order book depth imbalance reaches 16.3%, with sparse sell orders, showing clear signs of main force defending the price. Negative funding rates combined with stable open interest (OI) suggest the risk of a short squeeze.
🎯Direction: Long $SOL Long(
⚡Entry/Order: 83.41 - 83.83
🛑Stop Loss: 82.30
🚀Target 1: 84.80
🚀Target 2: 86.10
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry average price. Trail the remaining position with a stop loss; if the price retraces and breaks below the moved stop loss, exit all positions.
)Depth Logic: The price declines but OI remains stable, indicating it’s not main force unloading but rather a shakeout. The 1H RSI is near the neutral zone of 50, with room for an upward turn. The order book buy depth far exceeds sell depth, with a large accumulation of buy orders in the 83.7-83.8 range, forming a solid support. Combined with negative funding rates, this is a typical pre-squeeze setup. (
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【$SOL Signal】Pullback to add longs + 1H level accumulation, strong support in the order book
The 1H level is oscillating narrowly between 83.4-83.9, currently accumulating below the key EMA moving averages (EMA20_1H: 83.9, EMA50_1H: 84.07). The 4H level price retraced to EMA50 (83.63) for support, and the latest 1H candlestick shows buy volume ratio as high as 83%, indicating strong buying interest below. The order book depth imbalance reaches 16.3%, with sparse sell orders, showing clear signs of main force defending the price. Negative funding rates combined with stable open interest (OI) suggest the risk of a short squeeze.
🎯Direction: Long $SOL Long(
⚡Entry/Order: 83.41 - 83.83
🛑Stop Loss: 82.30
🚀Target 1: 84.80
🚀Target 2: 86.10
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry average price. Trail the remaining position with a stop loss; if the price retraces and breaks below the moved stop loss, exit all positions.
)Depth Logic: The price declines but OI remains stable, indicating it’s not main force unloading but rather a shakeout. The 1H RSI is near the neutral zone of 50, with room for an upward turn. The order book buy depth far exceeds sell depth, with a large accumulation of buy orders in the 83.7-83.8 range, forming a solid support. Combined with negative funding rates, this is a typical pre-squeeze setup. (
Check real-time market 👇 )
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Follow me: Get more real-time analysis and insights on the crypto market! $SOL
$BTC $ETH
$SOL #我在Gate广场过新年