【$SOL Signal】Long | 4H Retest Confirmed, 1H Ready to Rally

$SOL price precisely retested the 4H EMA50 support level, with the bulls' defensive line standing firm as a fortress. The 1H level has solidly held above EMA20, with strong buying support. The order book depth shows massive pending buy orders accumulated at buy1 through buy5 price levels below, providing solid support. Current negative funding rates persist, with shorts facing high holding costs, setting up potential squeeze scenarios.

🎯 Direction: Long

⚡ Entry/Limit Orders: 87.39 - 87.60

🛑 Stop Loss: 87.60

🚀 Target 1: 85.23

🚀 Target 2: 84.28

🛡 ️Trading Management:
- Execution strategy: Close half position upon reaching first target, move stop loss on remaining position to let profits run. If price shows volume stagnation near target 1, exit entire position.

In-Depth Logic: The most intriguing aspect is the funding rate. The rate depth is negative, yet price hasn't collapsed, instead stabilizing at key support levels. This indicates shorts are paying expensive "insurance premiums" while bulls' main players are quietly accumulating. Once market sentiment improves slightly, short liquidations will directly convert into strong buy pressure, triggering a squeeze. The 1H RSI has rebounded from oversold territory above 60, momentum shift complete, and rebound demand is strong.

View Live Chart 👇 $SOL
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