【$SOL Signal】Long - Strong breakout on 4H timeframe, pullback confirmation, re-accumulation on 1H

$SOL The 1H timeframe is currently in a healthy pullback phase after a strong rally, with price oscillating narrowly between 87.8-88.5 to digest the previous gains. A large bullish candle on the 4H chart confirms the bullish trend, with current pullback supported near the EMA20 (86.76). This is a typical pullback after a breakout confirmation structure. Open interest remains stable, and funds have not significantly withdrawn, indicating the bullish pattern remains intact.

🎯Direction: Long (Long)

🎯Entry/Order: 87.70 - 87.90 (Reason: The EMA20 support zone on the 1H chart, also the lower boundary of the current consolidation range )

🛑Stop Loss: 86.50 (Reason: Break below the key 4H breakout candle low at 87.05 and below EMA50 support )

🚀Target 1: 89.40 (Reason: Previous high resistance level, also the high point of yesterday’s upper shadow )

🚀Target 2: 91.50 (Reason: 4H wave Fibonacci extension at 1.618 )

🛡Trade Management:

- Position size suggestion: Standard position (Reason: Clear 4H trend, well-defined 1H structure, 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 89.40, move the stop loss up to 88.50 and hold for Target 2.

Deep logic: The 4H chart shows the price surged strongly from 82.14 to 92.09, completing a V-shaped reversal, currently testing the pullback of this breakout. The 1H RSI (66.2) has retreated from overbought territory to a healthy zone, preparing for another upward move. Market depth data shows buy orders (87.7-87.8) are significantly thicker than sell orders (87.87-87.9), indicating a slight imbalance supporting the price. Although funding rates have turned positive, their absolute value is not high, posing no overheating risk. Combined with stable open interest, this is a technical pullback under the control of the bulls, presenting an excellent second entry opportunity.

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