【$SOL Signal】Pullback Long + 1H Oversold Rebound Play

$SOL The 1H timeframe has entered the oversold zone, RSI down to 35.1, price oscillating narrowly around 81.5, downward momentum weakening. The 4H price retested below EMA50 (83.39), but open interest remains stable, with no signs of panic selling, more like a bull trap. Order book shows weak sell walls (only 322 units at 81.48), with buy orders stacked below, creating an imbalance of -1.65%, indicating a technical rebound demand.

🎯Direction: Long (Long)

⚡Entry/Order: 81.30 - 81.45

🛑Stop Loss: 80.70

🚀Target 1: 82.80

🚀Target 2: 83.60

🛡️Trade Management:

- Position suggestion: Light position

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2; if price cannot stabilize above 82.00, exit all.

Depth Logic: Price has been declining continuously but open interest remains stable, indicating not a main force dump but a bull leverage washout. 1H RSI is severely oversold, requiring technical correction. Negative funding rate (-0.0163%) suppresses excessive shorting, favoring short squeeze rebounds. The key is whether the price can quickly recover above 1H EMA20 (82.39) to confirm short-term momentum recovery.

View real-time market 👇 $SOL

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