【$SOL Signal】Bull and bear battle, patiently awaiting confirmation of the trend!

$SOL The 1H timeframe is oscillating within the 86.6-89.6 range, currently hovering around 87.35, with fierce competition between bulls and bears. Looking at the 4H timeframe, the price surged to 91.19 yesterday but quickly retreated, forming a long upper shadow, indicating heavy selling pressure above. However, the support at 86.6 (previous 1H low & 4H EMA50 support) has been tested multiple times without breaking, forming a strong support zone. Currently, the 1H RSI (46.27) is in a neutral to weak zone, not oversold, and open interest (OI) remains stable with no signs of panic selling, suggesting that the main force may be shaking out positions at key levels rather than a trend reversal. Market depth shows slightly thicker sell orders (87.32-87.36), but buy orders (87.2-87.3) are also dense below, indicating a delicate balance and an imminent decision on direction.

🎯 Direction: Wait and see (Pending orders)

⚡ Pending order strategy:

- Long condition order: If the price strongly breaks above and stabilizes at 88.0 (1H EMA20 resistance & recent oscillation midpoint), go long.

- Long condition order: If the price pulls back to 86.7-86.9 (4H EMA50 & previous low support zone), add long.

- Short condition order: If the price effectively breaks below 86.5 (key support break), go short.

🎯 Entry / Pending orders:

1. Breakout long: 88.2 (Reason: confirmed after breaking 88.0, chasing momentum)

2. Pullback long: 86.8 (Reason: retest of 4H EMA50 and previous support zone)

3. Breakout short: 86.3 (Reason: confirmed after breaking key support at 86.5)

🛑 Stop loss:

1. Long: 85.9 (Reason: breaking below previous low at 86.6, structure damaged)

2. Short: 87.6 (Reason: re-entering upper oscillation boundary)

🚀 Target 1:

1. Long: 89.5 (Reason: previous high resistance zone)

2. Short: 84.5 (Reason: previous swing low support)

🚀 Target 2:

1. Long: 91.2 (Reason: challenge previous high)

2. Short: 82.0 (Reason: previous low on daily chart)

🛡️ Trading management:

- Position size suggestion: Light (Reason: trend unclear, either side betting or breakout confirmation, higher risk).

- Execution strategy: If a pullback long is triggered, reduce position by 50% at Target 1 and move stop loss to entry point. If a breakout long is triggered, use a trailing stop based on 1H low points. If either position moves quickly against and hits cost basis, exit decisively.

Depth logic: Market logic indicates “price decline, consider whether it’s long liquidation or main force distribution based on open interest.” Currently, OI is stable, price drops but without volume surge, more likely the main force is shaking out at support (86.6) rather than distributing. The buy/sell ratio on 1H candles has risen from 0.44 to 0.55 recently, showing buying strength gradually increasing. Funding rate at 0.0053% is positive but not high, no short squeeze risk, limiting large long positions. Overall, this is a typical consolidation phase awaiting catalysts. Our strategy is to position both sides and let the market tell us the direction.

Trade here 👇 $SOL

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