【$SOL Signal】Bearish dominance, sell on rebound

$SOL 1H level rebound is weak, price is firmly suppressed below EMA20 at 80.39. The 4H MACD histogram continues to expand, indicating ongoing bearish momentum. Market depth is imbalanced by nearly 5%, with sell orders stacked above 79.8. Although buy orders are thick, they are concentrated below, and the capital support is suppressed.

🎯Direction: Short

⚡Entry/Order: Place a trap in the 79.12 - 79.27 range, or go short directly on a rebound near 79.8

🛑Stop Loss: 80.45

🚀Target 1: 77.50

🚀Target 2: 75.80

🛡️Trading Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss down to the entry point. If the price rebounds and quickly recovers above 79.8, it can be considered a false breakout, presenting an opportunity to add to the position.

In a negative fee environment, stable open interest indicates that bears are not eager to exit their positions. The 1H RSI hovers around 38, not yet oversold, leaving room for further decline. The 4H price has broken below the Bollinger middle band, and the probability of falling below the lower band at 78.74 is increasing. Under this structure, any rebound provides a better entry point for shorts, with a risk-reward ratio exceeding 1:3 worth trying.

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