【$SOL Signal】Long | Breakout and Retest Confirmation

$SOL Completed a healthy retest on the 4H timeframe, with the price stabilizing above the previous breakout level of $87.5, forming a support confirmation.

🎯 Direction: Long

🎯 Entry: 88.0 - 88.5

🛑 Stop Loss: 86.5 ( Rigid Stop Loss )

🚀 Target 1: 92.0

🚀 Target 2: 95.0

Hardcore Logic: After forming a V-shaped rebound from the low of $78.3, the price consolidated tightly around the $88 region. Key Data: 1) 4H candlestick shows strong buying absorption, with the last candle’s buy/sell ratio at 0.51, indicating net inflow; 2) Open interest remains stable, with a healthy upward movement not driven by short squeeze; 3) Takers continue to buy, with the funding rate slightly negative, supporting sustained bullish accumulation. Currently, the price is above the dense buy zone on the order book at $88.2-$88.3, with sparse sell pressure up to $88.5. Breaking through this area will open upward space. If the retest does not break the previous high of $87.5, it is considered a healthy reset after the breakout.

Trade here 👇 $SOL

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