$SOL Signal | 4H shorts continue, 1H rebound hits resistance, targeting short orders

$SOL 4H MACD bearish columns keep expanding, the lower Bollinger Band 75.72 has already been broken, and short-side momentum has not yet been exhausted. After the 1H rebound to 76.24, volume faded; EMA50 at 76.99 is forming resistance. Although bid depth reached 1.29, price failed to hold above 76.2, and bulls lack the will to push higher. Current RSI (1H) 33.68 is nearing oversold, but no high-volume reversal signal has appeared at the lows—be cautious about the rebound strength.
🎯Direction: short
⚡Entry/limit orders: short directly in the 75.5128 - 75.7400 range
🛑Stop loss: 76.4974
🚀Target 1: 74.6039
🚀Target 2: 74.0358
🛡️Trade management: Once Target 1 is reached, cut position by 50% and move the stop loss up to break-even. If price drops back to the entry area, automatically exit to protect principal.
Objectively, the short structure is intact; the weak 1H rebound is the time to add positions. Set the stop loss above the recent high, and the risk-reward ratio is reasonable.
View live price 👇 $SOL
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