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【$SOL Signal】Pullback to go long! 1H pullback confirmation, waiting for main force to re-engage
$SOL The 1H level surged above 87 and then pulled back near the EMA20. Currently, the price is oscillating around 84.9, which is a healthy profit-taking move. The 4H level is holding above the EMA50, and the overall trend remains unchanged. The current order book shows buy orders significantly deeper than sell orders, indicating strong support below, and the main force has not exited the market.
🎯Direction: Long (Pullback to go long)
⚡Entry/Order placement: 84.1 - 84.5, staggered entries
🛑Stop loss: 83.8
🚀Target 1: 85.2
🚀Target 2: 85.6
🛡️Trading management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss of the remaining position to the entry price. If the price strongly breaks through Target 2, consider holding part of the position for greater gains.
(Depth logic: Position size remains stable, and there is no panic selling during price declines, indicating a strong correction. The 1-hour RSI is around 55, with healthy momentum, leaving room for another upward move. The 84.1-84.5 zone below is a dense trading area and resonates with the 1H EMA50 support, making it an ideal sniper entry point. )
Check real-time market 👇 $SOL
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