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

$SOL The 1H timeframe is strongly consolidating above the EMA20 (82.25), just a bullish candle broke through the previous high of 83.32, indicating momentum is returning. The 4H timeframe is still in a rebound correction within a downtrend channel, but the breakout structure on the 1H is clear, and with negative funding rates, open interest remains stable, showing limited bearish pressure. The main force's intention to defend the market is evident. This is a typical short-term momentum trading opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 83.10 - 83.30 (Reason: Pullback confirmation zone after breaking the previous high of 83.32, also the dynamic support zone of 1H EMA20 )

🛑Stop Loss: 82.30 (Reason: Falling below the key consolidation platform low on the 1H timeframe and the EMA50 support at 82.50 )

🚀Target 1: 84.50 (Reason: The previous rebound high on the 4H timeframe and EMA50 resistance level )

🚀Target 2: 85.80 (Reason: The 1.618 Fibonacci extension level from the low on the 1H timeframe )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: The 4H trend has not fully reversed, representing a contrarian rebound game, risk control is necessary )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position's stop loss up to the entry price of 83.10. If the price strongly breaks through 84.50 and stabilizes, consider targeting 85.80 for the remaining position.

Deep logic: Market depth shows buy orders accumulating in the 83.00-83.10 range (bid_ask_ratio_depth: 1.05), indicating strong support. The 1H RSI (61.72) is in a healthy bullish zone, with room to go higher. Most importantly, during the price rise, open interest (OI) remains stable rather than decreasing, ruling out a pure short covering rebound, implying new long funds are entering. Negative funding rates (-0.0099%) provide natural short squeeze fuel. Market logic suggests “price rising, combine with open interest to judge,” current data points to a higher probability of “main force entering.”

View real-time quotes 👇 $SOL

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包