【$SOL Signal】Empty Position + Wait for Key Support Confirmation

$SOL is weakly oscillating below EMA20 (85.2), with the price declining but open interest (OI) remaining stable, indicating that the current situation is more likely a passive stop-loss by the bulls rather than a major player actively unloading.

🎯 Direction: Empty Position

Market Analysis: The 4-hour chart has closed consecutively below EMA20, RSI (40.61) is in the weak zone but not oversold. The depth imbalance (0.73%) and the bid-ask ratio (1.01) show slight selling pressure, but no unilateral sell-off has formed. The price repeatedly tests the 83.0-85.0 range, lacking a clear direction.

Logical Core: The key contradiction is that the price declines while OI remains stable, ruling out the possibility of large-scale long liquidation by major players. It appears more like a market sentiment-driven long squeeze. However, the price has failed to effectively break above EMA20, which acts as a boundary between bulls and bears, and EMA50 (90.54) presents strong resistance, indicating a lack of technical support for longs.

Current Strategy: Wait for the price to show clear buy absorption signals at key support levels (such as the previous low at 81.8 or the psychological level at 80.0), such as long lower shadows + rising OI, or a strong volume breakout above EMA20 with stabilization before considering entry. Currently, the market is in disorderly oscillation; forcing trades offers low win rates, so risk management is paramount.

Trade here 👇 $SOL

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