【$SOL Signal】Long - 1H pullback confirmation, main force clearly intends to defend the price

$SOL The 1H timeframe is consolidating above a critical support level, with the price fluctuating narrowly within the 90.0-90.8 range, and fierce battle between bulls and bears. Although the 4H timeframe is oscillating at a high level, open interest remains stable, with no significant outflow of funds, and the negative funding rate suggests a risk of short squeeze for the bears. The 1-hour chart shows that the price has tested the 90.0 level multiple times and was supported by buying orders, with deep buy-side liquidity below, indicating a clear intention by the main force to defend the price.

🎯Direction: Long

⚡Entry/Order: 88.80 - 90.03

🛑Stop Loss: 87.50

🚀Target 1: 92.50

🚀Target 2: 94.50

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to hold above 90.0 and breaks below the stop loss, exit decisively.

(Order Book Logic: Data shows that a large number of buy orders are stacked below 90.0, forming a strong support level. The 1-hour RSI stabilizes around 50, with neutral to slightly bullish momentum. Although the 4-hour volume has decreased, open interest remains stable, and combined with the negative funding rate, it indicates short positions are paying costs. Once the price moves, a short squeeze could be triggered. The current price is at the optimized entry zone’s lower boundary, making it an ideal point for positioning. )

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