$SOL Signal】Long - 1H level strong breakout, main capital inflow clearly supporting the market



$SOL The 1H level is consolidating strongly above EMA20, just broke through the previous high of 84.3 with increased volume, momentum is strong. The 4H level has formed three consecutive bullish candles, confirming a breakout from the bottom oscillation zone. Although the overall trend is still in the recovery stage, short-term capital inflow is evident, making it an excellent intraday trading opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 84.55 - 84.70 (Reason: The current price has stabilized above the breakout level of 84.3, with solid buy orders on the order book. You can enter directly or buy on slight pullback )

🛑Stop Loss: 83.40 (Reason: Falling below the 1H EMA20 support and the previous candle's low breaks the bullish structure )

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

🚀Target 2: 88.80 (Reason: 1.618 Fibonacci extension level, corresponding to the recent decline wave )

🛡️Trading Management:

- Position Size Suggestion: Standard position (Reason: Resonance breakout on 1H and 4H levels, high signal quality )

- Execution Strategy: When price reaches 85.80 (previous small platform), reduce position by 30%. Move the remaining stop loss to the entry point. After reaching Target 1, reduce position by 50% and move the remaining stop loss to 85.00 to aim for Target 2.

Deep Logic: Price increased by 9% on the 4H level with volume expansion, but open interest remains stable, indicating this is not just a bearish squeeze but active accumulation by new bullish funds. The 1H RSI is as high as 71.99, indicating short-term overbought conditions, but combined with strong buy depth and sustained buy ratio, this is characteristic of a strong market. Order book depth imbalance is -0.03%, with light selling pressure, conducive to further price upward movement. Funding rate is only 0.0051%, with no overheating risk.

Trade here 👇 (
---

Follow me: Get more real-time analysis and insights into the crypto market! )$SOL
$BTC
$ETH $SOL
SOL7,46%
BTC3,55%
ETH5,21%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)