【$SOL Signal】Long | 1H Strong Breakout, Main Funds Support, Short Squeeze Initiation

$SOL The 1H timeframe is consolidating strongly above the EMA20, just volume breakout above the previous high of $84.3, momentum is strong. The 4H timeframe has already broken above the downtrend line and stabilized, OI remains steady, and funding rates are healthy. This is a signal of main funds entering, not just a simple rebound.

🎯Direction: Long (Long)

🎯Entry/Order: $84.50 - $84.70 (Reason: Breakout and retest of the confirmation zone, dynamic support from 1H EMA20 )

🛑Stop Loss: $82.80 (Reason: Break below the start of the previous 1H bullish candle and key support )

🚀Target 1: $87.50 (Reason: Resistance at the previous high on the 4H timeframe )

🚀Target 2: $90.00 (Reason: 1.618 Fibonacci extension level and psychological barrier )

🛡Trade Management:

- Position Size Suggestion: Standard position (Reason: 1H/4H resonance breakout, higher win rate )

- Execution Strategy: After the price reaches $87.50, reduce position by 50% to lock in profits, and move the remaining stop loss up to $84.50 (entry level). If the price strongly breaks through $87.50, hold the remaining position to target $90.

Deep Logic: The price surged 9%, but open interest (OI) remains stable, indicating it’s not a short squeeze but new bullish funds actively buying to support the price. The 1H RSI is as high as 71.99 but not overbought, showing buying strength persists. Market depth shows substantial buy orders ($84.5), with dispersed sell pressure, conducive to upward movement. Combining market logic, this is a typical main force entry-driven rally, with a short squeeze imminent.

Trade here 👇 $SOL

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