【$SOL Signal】Long - 1H breakout and retest confirmation, signs of main force supporting the market

$SOL The 1H level broke through near 80.3 and is currently undergoing a healthy retest to test the validity of the breakout. Although the 4H level is still in a downtrend channel, the 1H EMA20 (79.35) has turned into support, and the latest 1H candlestick around 80.26 received buying interest, indicating that the bulls have not given up. The key point is: the price slightly declined, but open interest (OI) remains stable, not a panic sell-off. Coupled with negative funding rates, there is potential for a short squeeze. The order book shows selling pressure concentrated above 80.3. Once absorbed, the upward space opens.

🎯Direction: Long (Long)

🎯Entry/Order: 80.20 - 80.30 (Reason: Retest zone after 1H breakout above previous high of 80.3, EMA20_1h dynamic support moving upward )

🛑Stop loss: 79.00 (Reason: Break below the 1H previous low and key support at EMA50_1h, ATR-based stop approximately 1.3 times )

🚀Target 1: 81.80 (Reason: Resistance at the previous small cycle high on the 4H level )

🚀Target 2: 83.50 (Reason: Resistance at the 4H EMA20 moving average and 1.618 Fibonacci extension level )

🛡️Trade management:

- Position suggestion: Light position (Reason: The 4H trend has not fully reversed, representing a game of small counter-trend against the larger trend )

- Execution strategy: When the price reaches 81.80, reduce position by 50%, and move the stop loss of the remaining position up to the entry price of 80.30 (break-even). If the price cannot hold above 80.30 and falls below again, abandon this trade.

Deep logic: Stable OI and price resistance indicate typical main force support or accumulation, not distribution. The 1H RSI (58.32) is in a healthy bullish zone with room to rise. The order book depth imbalance is -5.87%, with thinner sell orders, so less buying volume is needed to break above resistance. Persistent negative funding rates create holding costs for shorts, favoring bullish attacks.

Trade here 👇 $SOL

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