Position Update

【#Gate蓝龙虾重磅上线 Signal】Pullback to Long + 1H Level Support Confirmation The 1H level is currently in a critical EMA support pullback confirmation stage, with the price falling from the high of 87.35 and testing the optimized entry zone of 85.4-85.6. The 4H level maintains a sideways upward structure, with stable open interest. Negative funding rates suggest that bears need to pay fees, hinting at potential short squeeze. The current 1-hour candlestick finds initial support near EMA20, with strong buying depth, indicating that the main force is protecting the market at a key level. 🎯 Direction: Long ⚡ Entry/Order: 85.44 - 85.58 🛑 Stop Loss: 85.58 🚀 Target 1: 84.88 🚀 Target 2: 84.60 🛡️ Trading Management: - Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital. $SOL Depth Logic: Market depth data shows buy orders significantly outweigh sell orders, with an imbalance rate exceeding 11%, indicating strong support below. The 1-hour RSI is in a healthy zone at 55, with momentum not exhausted. Although the price has dipped in the short term, open interest remains stable, suggesting it’s not main force unloading, but rather cleaning out weak hands. Coupled with negative funding rates, the cost for short positions is increasing. Once the price stabilizes and rebounds, a short squeeze is highly likely to trigger. $SOL View real-time quotes 👇 ( --- Follow me: Get more real-time analysis and insights on the crypto market! )$SOL $BTC