$SOL Signal】Bear Trap - Rebound Failure and Bollinger Band Resistance


$SOL The 1H rebound quickly retreated after touching the upper Bollinger Band, with buying pressure completely absent above 83.6. The 4-hour MACD remains below the zero line; although bearish momentum is shrinking, the structure has not changed.

🎯Direction: Short

⚡Entry/Order: Short directly around 83.50, aggressive traders can enter at the current price of 83.52.

🛑Stop Loss: 84.96

🚀Target 1: 80.00

🚀Target 2: 78.00

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position when the price reaches 80.00, with the remaining stop loss moved down to 83.00. If the price rebounds and breaks above 83.80 and stabilizes, exit early.

Order book shows a sell wall stacking from 83.55, with clear selling pressure above. The volume of this rebound on the 1-hour chart is gradually decreasing, indicating weak follow-through from funds. Open interest remains stable, with no new long positions entering to support the market. This rebound appears more like a technical retracement. In a negative funding rate environment, any weak upward movement could become a new shorting opportunity. The risk-reward ratio exceeds 4, making this trade worth a try.

Check real-time market 👇 $SOL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#成长值抽奖赢金条 #加密市场回调 #比特币震荡走弱
SOL0,65%
BTC1,31%
ETH1,89%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin