#我在Gate广场过新年 $SOL 1H level makes a massive breakout above the previous high during the 01:00-02:00 period, with the price firmly above EMA20_1H, forming a momentum breakout. The 4H level has closed positive for consecutive sessions, breaking through the recent oscillation range's upper boundary, indicating a trend reversal to bullish. Market depth shows buy orders significantly thicker than sell orders, with an imbalance of 28.07%, and during the price increase, open interest (OI) remains stable, suggesting it is not just a short squeeze but also signs of main force support or new funds entering the market.


🎯Direction: Long (Long)
⚡Entry/Order: 86.70 - 86.90
🛑Stop Loss: 85.20
🚀Target 1: 88.50
🚀Target 2: 90.80
🛡️Trade Management:
- Execution Strategy: When the price reaches 88.50 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 86.70. If the price strongly breaks through 89.00, further move the stop loss up to 87.50 to capture greater profits.
(Depth Logic: 1H RSI reaches 72.35, indicating short-term strength but not yet in extreme overbought territory, leaving room for further upside. The key point is that while the price has increased by 6.24%, the open interest (OI) trend remains ‘Stable’, and buy order depth (bid_ask_ratio_depth) is as high as 1.78, strongly suggesting genuine buy-driven momentum rather than passive short covering. Combined with the 4H buy/sell ratio remaining above 0.5, market sentiment is leaning bullish. Strong support levels below are at the previous high transition point of 85.50 and the 4H EMA20 at 83.18. (
View real-time market 👇))$SOL ‌$BTC ‌ ‌
SOL7,82%
BTC3,87%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)