【$SOL Signal】Long | 1H volume breakout, clear signs of main force supporting the price

$SOL The 1H level just experienced a volume breakout above EMA20 (84.38) and hit a new intraday high, showing strong momentum. The 4H level has already stabilized above EMA20 (82.77) and is testing EMA50 (85.98) resistance upward, indicating a shift from weak to strong in the short-term structure. The latest 1H candlestick buy volume ratio is as high as 59%, and open interest remains stable. The price remains resilient under negative funding rates, with potential for short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 85.70 - 85.90 (Reason: Retracement to 1H EMA20 support zone and breakout after the hourly candlestick opening price)

🛑Stop Loss: 84.80 (Reason: Falling below the previous consolidation low on the 1H level and ATR lower band)

🚀Target 1: 87.50 (Reason: Previous high resistance on the 4H level and 1.382 Fibonacci extension)

🚀Target 2: 89.00 (Reason: 0.618 retracement level of the recent downtrend on the daily chart)

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 1H and 4H momentum resonance, risk-reward ratio >1.5)

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry point (break-even). Track remaining position with 1H EMA20 as a trailing stop. If the price fails to hold above the entry zone and weakens, exit immediately.

Deep logic: The order book shows sell orders stacking above 86.00, but buy orders are also substantial in the 85.70-85.90 range, forming short-term support. The 1H RSI (71.51) is high but not overbought, leaving room for upward movement. The key is whether the price can hold above 85.90 within an hour, which would confirm an effective breakout and open the path to 87.50. Negative funding rates combined with rising prices are classic signals of a short squeeze initiation.

Trade here 👇 $SOL

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