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Short Title: [$SOL Signal] Pending Long Order/Pullback Confirmation
$SOL price fell with volume from the 94.38 high to 88.51, but subsequently the 4-hour K-line showed consolidation with shrinking volume, with buying pressure gathering around 89. On the 1-hour level, price is oscillating in a narrow range between 89.61-90.69, with trading volume contracting sharply and clear signs of selling pressure exhaustion. Combined with negative funding rates and stable open interest, short squeeze risk is accumulating, with the 88.5-89.3 zone below serving as the key support band, and bulls showing clear defensive intentions here.
🎯 Direction: Pending Long Order
⚡ Entry: 88.73 - 88.96
🛑 Stop Loss: 86.76
🚀 Targets: 97.74 / 102.13
🛡 ️Strategy: At target 1, reduce position by half and move to breakeven.
View Real-time Chart 👇 $SOL
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