【$SOL Signal】1H breakout confirmation and pullback, setting up for a short squeeze rebound

$SOL The 1H timeframe is consolidating strongly above the EMA20 (86.78), with price ranging around 87.3 to build momentum. The 4H timeframe has stabilized above the EMA50 (83.82), indicating a shift from weak to strong trend structure. Currently, the negative funding rate (-0.0084%) and stable open interest suggest the price is refusing deep corrections and has short squeeze potential. The order book shows significant buy-side depth (imbalance of 5.81%), with clear intent from major players to defend the price.

🎯Direction: Long (Long)

🎯Entry/Order: 87.10 - 87.30 (Enter near current price or wait for a slight pullback)

🛑Stop Loss: 85.80 (Break below 1H EMA50 and previous support)

🚀Target 1: 88.80 (Previous high resistance zone)

🚀Target 2: 90.50 (4H previous high and psychological level)

🛡️Trade Management:

- Position size suggestion: Standard position (trend resonance, reasonable risk-reward ratio)

- Execution strategy: After reaching 88.80 (Target 1), reduce position by 50%, and move the remaining stop loss up to the entry price 87.30. If the price strongly breaks above 89.00, trail the remaining stop loss up to 88.00 to aim for Target 2.

Order book logic: 1H RSI (56.44) is in a healthy bullish zone with room to rise. 4H RSI (62.04) confirms medium-term momentum. Over the past 24 hours, price has risen from 85.14 to 87.77, showing strong buying. The current consolidation is a healthy pullback after a breakout, combined with the negative funding environment, which puts short positions under pressure. Once buying momentum accelerates, a rapid surge is highly likely.

View real-time market 👇 $SOL

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