【$SOL Signal】Long - 1H accumulation and preparation, waiting for a breakout confirmation

$SOL The 1H timeframe is oscillating narrowly between 84.0-85.0, with the price staying close above the EMA20(84.20), forming a converging accumulation pattern. The 4H timeframe has stabilized above the EMA50(84.07), indicating a shift from weak to strong trend. Currently, the buy order depth is significantly thicker than the sell order depth (depth imbalance of 5.04%), but the price is being suppressed around 84.45. This is a typical【Main Force Suppressing and Accumulating】signal. Once it breaks through the thin wall above, a short squeeze rally could be triggered immediately.

🎯Direction: Long (Long)

🎯Entry/Order:

- Aggressive current price: 84.45-84.50 (Reason: Close to 1H EMA20, buy order support)

- ⚡Breakout order: 84.80 (Reason: Breaks recent 1H high and the first resistance cluster on the order book)

🛑Stop loss: 83.60 (Reason: Break below 4H EMA50 and the previous 1H candle low)

🚀Target 1: 85.80 (Reason: 4H resistance level)

🚀Target 2: 87.20 (Reason: Recent upper boundary of the daily oscillation range)

🛡️Trade management:

- Position suggestion: Light position (Reason: 1H has not yet clearly broken out, indicating a left-side buildup)

- Execution strategy: After the price reaches 84.80, move the stop loss up to the entry point. After reaching Target 1, reduce position by 50%, and move the remaining stop loss up to 85.00 to aim for Target 2.

Depth logic: Open interest(OI) remains stable, and the price is slightly rising, indicating it’s not a short squeeze caused by panic selling, but genuine buy support. The 1H RSI(56.09) is in a healthy bullish zone with room to go higher. The key is whether the price can volume-break through 84.80. Once broken, sell orders above are sparse, which could trigger a rapid surge. Negative funding rates suggest shorts still exist, providing fuel for a potential short squeeze rally.

View real-time market 👇 $SOL

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