【$SOL Signal】Long! 1H strong breakout, capital inflow confirms rebound

$SOL The 1H level just completed a volume-driven long bullish breakout, with the price firmly above all short-term moving averages, and momentum sharply returning. The 4H level has broken through the downtrend line, forming a bullish engulfing pattern, establishing a short-term rebound structure. The current price is consolidating below the key resistance level of 84.5, which is a typical pre-breakout buildup pattern, indicating an imminent direction choice.

🎯Direction: Long (Long)

🎯Entry/Order: Aggressive traders can try a small position near the current price of 84.32 (Reason: strong sideways movement after breakout). Conservative traders wait for a pullback to the 83.50-83.80 zone to add longs (Reason: 1H EMA20 support and previous breakout platform).

🛑Stop Loss: 82.80 (Reason: break below the starting point of the 1H large bullish candle and EMA50 support).

🚀Target 1: 86.50 (Reason: previous rebound high resistance on the 4H level).

🚀Target 2: 89.00 (Reason: 1.618 Fibonacci extension from the 79.68 rise on the 1H level).

🛡️Trade Management:

- Position suggestion: Light position up to a standard lot (Reason: early trend stage, high volatility, but clear structure).

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks through 86.50, move the remaining stop loss to hold and aim for Target 2.

Deep logic: Volume surged in the past 4 hours, buy depth (bid_ask_ratio_depth: 0.85) shows strong support below. The 1H RSI is as high as 76.55, entering overbought territory, but in a strong breakout scenario, RSI dulling is normal. Open interest (OI) remains stable; the price increase is driven by genuine buying rather than short covering. The order book shows little selling pressure above the 84.32 level; breaking 84.5 may trigger stop-loss orders from shorts, accelerating the upward move.

Trade here 👇 $SOL

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