$SOL Signal】Long + Volume Breakout and Retest



$SOL After a volume breakout of the previous consolidation range on the 4-hour chart, the current price is making a healthy retest above the breakout level. Funding rates remain negative, indicating that bearish sentiment still dominates, which is favorable for bulls to squeeze the shorts. Market depth shows dense buy orders around 86.6.

🎯 Direction: Long

🎯 Entry: 86.0 - 86.6

🛑 Stop Loss: 84.4 ( Rigid stop loss, below the low of the previous 4-hour candle )

🚀 Target 1: 92.0

🚀 Target 2: 96.0

After breaking through the 81-82 resistance zone, trading volume significantly increased, and open interest rose in tandem, confirming the entry of major funds rather than just short covering. The current price is consolidating narrowly above the breakout level, with 4-hour candles showing higher highs and higher lows in an upward structure. Negative funding rates provide a safety margin, and retesting the breakout level and dense buy zones on the order book are ideal low-risk entry points. Stop loss is set just below the healthy retest limit, offering an excellent risk-reward ratio.

Trade here 👇 $SOL

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#Gate广场创作者新春激励 #Is the current market bottoming out or just watching?
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