$SOL Signal】Long | 1H breakout and retest confirmation, main force clearly intends to support the market



$SOL The 1H timeframe is strongly consolidating above the EMA20 (87.45), just completed testing the previous high of 88.85. The 4H timeframe has stabilized above the EMA50 (86.38) and formed an upward relay structure. Price and open interest (OI) are moving in sync and stable, indicating that the main capital has not exited. Currently, the order book shows deep buy-side volume, with an imbalance rate of 3.63% leaning toward buyers. The 1H RSI (70.48) is high but not overbought, and momentum is expected to continue.

🎯Direction: Long (Long)

🎯Entry/Order: 88.40 - 88.60 (Reason: 1H EMA20 support zone & upper part of previous hour’s candlestick body )

🛑Stop Loss: 87.20 (Reason: Break below the previous low of the 1H structure & key support at 4H EMA50 )

🚀Target 1: 89.80 (Reason: Previous wave high resistance & 1.272 Fibonacci extension level )

🚀Target 2: 91.50 (Reason: 1.618 Fibonacci extension level & lower boundary of the previous daily chip zone )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 4H trend has turned bullish, 1H structure is clear, risk-reward ratio >1.5 )

- Execution strategy: When price reaches 89.80, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 88.60. If the price strongly breaks through 90.00, trail the remaining stop loss to follow the 1H EMA20.

Depth logic: Over the past 24 hours, price has risen with stable OI, not just a short squeeze, but active capital absorption. The buy/sell ratio on the 1H chart surged to 0.81 in the latest candlestick, indicating a short-term burst of buying power. The 4H has closed consecutive bullish candles, breaking above the recent consolidation range, opening up upside space. There is dense buy order accumulation in the 88.50-88.60 zone, forming immediate support.

Trade here 👇 $SOL

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