【$SOL Signal】All Short Positions - Downtrend Continuation in Deep Imbalance

$SOL Continues to decline after breaking below EMA20, currently in a downtrend continuation under deep imbalance conditions.

🎯 Direction: All Short Positions

Market Analysis: Price has broken below EMA20 (84.57) and remains below it, showing a weak structure of lower highs and lower lows on the 4H timeframe. The latest 4H candlestick closed at 80.72, with a buy/sell volume ratio of only 0.49, indicating dominant selling pressure.

Core Logic:

Key data points to bearish momentum. Funding rate is -0.0072%, negative, but open interest (OI) remains stable rather than increasing, ruling out a short squeeze and suggesting passive long liquidation. RSI (34.47) is not oversold but trending downward.

Deep imbalance (3.58%) is the main risk. Sell walls (Asks) in the 80.74-80.93 range are unusually thin, while buy walls (Bids) are heavily stacked below 80.73. This structure is prone to "pin" rebounds, clearing stop-loss orders below and preparing for further decline.

Current price is testing the previous support zone at 80.50-80.70, but the rebound lacks volume and buying strength. Until clear buy absorption signals appear (such as long lower shadows + volume ratio >1) or the price reclaims EMA20, the downtrend remains intact.

Trading Plan: Abandon bottom-fishing on the left side. Going long on the right side requires waiting for the price to re-establish above EMA20 (dynamic) and for OI to start rising, or a volume breakout above the downtrend line. Risk management first, wait for clearer signals.

Trade 👇 $SOL

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