$SOL Signal】Bearish continuation, no strength in rebound, continues to decline


$SOL 1H timeframe remains weak and oscillating near the lower Bollinger band, 4H MACD remains in a death cross with expanding histogram bars, indicating ongoing bearish momentum. The sell orders on the order book are clearly stacked above 82.00, with sparse active buy orders.

🎯Direction: Short

⚡Entry: Short immediately at the current price around 81.90, or add to short positions on a rebound near 83.27.

🛑Stop Loss: 83.94

🚀Target 1: 81.94

🚀Target 2: 81.27

🛡️Trade Management:
- Execution strategy: After reaching the first target of 81.94, reduce half of the position and move the remaining stop loss down to the entry price. If the price rebounds back into the entry zone, exit unconditionally.

Negative funding rate combined with stable open interest indicates that short holders are being compensated, but it has not triggered a large-scale short covering rebound, showing weak market acceptance. The 1-hour RSI repeatedly stalls in the oversold zone, which often signals the buildup for the next downward move. The current risk-reward ratio exceeds 2, making it worthwhile to use a smaller position size to bet on the trend's continuation.

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