【#Gate蓝龙虾重磅上线 Signal】Pullback to Long + 1H Level Support Confirmation

The 1H level is oscillating near the critical EMA moving averages. After the price retreated from the high of 87.35, it found support in the 85.2-85.95 range. The 4H level shows wide-range fluctuations, but the open interest remains stable, with no signs of major liquidation by the main players. The 1-hour chart indicates that after testing the lower support, buy orders are deep, and the funding rate is negative, indicating potential short squeeze. Currently, this is a typical pullback confirmation pattern, providing an excellent entry point for short-term bulls.

🎯 Direction: Long

⚡ Entry/Orders: Enter in batches within the 85.20 - 85.95 range

🛑 Stop Loss: 83.81

🚀 Target 1: 87.99

🚀 Target 2: 89.38

🛡️ Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price falls back to the entry level, exit automatically to protect capital.

$SOL Depth Logic: Although the price has slightly declined, the open interest remains stable, indicating that the decline is more of a shakeout rather than a main force exit. The 1-hour RSI is near the midline of 50, with healthy momentum. Market depth shows buy orders significantly outweigh sell orders, with strong support below. Combined with the negative funding rate, once the price stabilizes and rebounds, it can easily trigger short covering, pushing the price rapidly higher. $SOL

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