$SOL Signal】Long - 4H breakout pullback confirmation, 1H charging for launch



$SOL The 1H timeframe is strongly consolidating above the EMA20 (83.55), while the 4H timeframe has already broken through the previous oscillation box upper boundary (83.0) and is currently undergoing a pullback confirmation. The price is oscillating narrowly between 84.5-85.0, with decreasing volume, which is a typical structure of building strength after a breakout. The order book depth shows unusually thick buy orders in the 84.4-84.5 region, indicating main force support, with stable open interest and no signs of large-scale exit. The 1H RSI (65) is healthy, not overbought, leaving room for the next upward move.

🎯Direction: Long (Long)

🎯Entry/Order: 84.40 - 84.60 (Reason: 1H EMA20 dynamic support zone + dense buy orders in the order book )

🛑Stop Loss: 83.70 (Reason: Falling below the key 4H breakout level 83.0 + 1.5x ATR )

🚀Target 1: 86.20 (Reason: Previous high resistance and 1.272 Fibonacci extension )

🚀Target 2: 87.80 (Reason: 1.618 Fibonacci extension and psychological round number )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: Clear 4H breakout structure, well-defined 1H support, favorable risk-reward ratio )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks above 85.25 (recent high), adjust the remaining target upward to 88.50.

Depth logic: Three consecutive bullish candles on the 4H K-line, with significantly increased buy volume confirming an effective breakout. The current 1H sideways consolidation is a healthy pullback to the 4H breakout. Technically, the 1H EMA20 and EMA50 are in a bullish alignment, and the price remains above EMA20, indicating a strong short-term trend. The order book shows over 25,000 SOL buy orders in the 84.4-84.5 region, forming a strong support cushion, with significant downward resistance. Market logic suggests upward movement, and combined with stable open interest, this is more likely driven by main force entering rather than a simple short covering rebound.

Trade here 👇 $SOL

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