【$SOL Signal】1H breakout and pullback confirmation, light position betting on short squeeze rebound

$SOL The 1H timeframe experienced a decline in the early session, forming strong support around 85.14, with increased volume pulling back above EMA20 (86.53), forming a V-shaped reversal pattern. The 4H timeframe remains in a 86-88 oscillation range, but the latest 4H candlestick shows a long lower shadow bullish candle, indicating strong buying pressure below. Combined with negative funding rates (-0.0006%) and stable open interest (OI Stable), there is a risk of short squeeze on the bears.

🎯Direction: Long (Long)

🎯Entry/Order: 87.30 - 87.50 (near current price)

🛑Stop Loss: 86.10 (break below 1H V-shaped neckline and previous low)

🚀Target 1: 88.80 (4H previous high and recent resistance)

🚀Target 2: 90.50 (EMA20 resistance on daily chart)

🛡️Trade Management:

- Position suggestion: Light position (Reason: 4H trend is not fully clear, belongs to 1H rebound play)

- Execution strategy: After reaching 88.80 (Target 1), reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2. If price pulls back and breaks below 87.30 (lower boundary of entry zone), exit all.

Deep logic: Market logic indicates “price decline,” but stable OI and quick recovery suggest this is more likely a main force covering after a short squeeze rather than distribution. The 1H RSI (59) still has room to rise, with buy orders accumulating around 87.5 (5185 coins), forming immediate support. The key trigger is whether the price can hold above 87.8 (yesterday’s high); if it does, then target 90.

Check real-time quotes 👇 $SOL

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