【$SOL Signal】Bearish Exhaustion, Rebound Imminent

$SOL price surged from the 96.14 high with increased volume down to 88.51, with 4-hour trading volume spiking to 9.23 million, but open interest remained stable without declining, indicating that bearish whales have not exited, representing panic selling. The 1-hour RSI has entered the oversold zone at 24.31, and the price found support near 88.5, with buying orders beginning to accumulate, bearish momentum exhausted. Under the negative funding rate environment, the price has not further crashed, indicating the market is digesting selling pressure and rebound momentum is brewing.

🎯 Direction: Long on dip

⚡ Entry: 88.16 - 88.40

🛑 Stop Loss: 86.10

🚀 Target: 97.61 / 102.21

🛡 Strategy: At target 1, reduce position by half and move stops to breakeven.

View live market data 👇 $SOL
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