3.28 Saturday Great He Evening Market Analysis: $SOL 1H level price has surged and retreated near 83.6, but there is a thick buy order in the area of 82.8 to 82.3, fully exposing the intention to support with funds. The 4-hour MACD histogram is contracting, and the bearish momentum is weakening. The 1-hour level price has fallen below the middle Bollinger band, but the RSI has not made a new low, forming a preliminary bottom divergence.
Operation Suggestion: Go Long
Entry/Order: Accumulate long in the area of 82.20 - 82.40
Stop Loss: 80.50
Target 1: 89.30
Target 2: 92.80
Trade Management:
- Execution Strategy: Reduce position by 50% after the price reaches the first target, and move the stop loss of the remaining position up to the entry price. If the price cannot stabilize above 83.5, consider taking partial profits early.
Market data shows that from 82.8 down to 82.0, the accumulation of buy orders far exceeds sell orders, forming a clear support wall. The position volume remains stable and has not panicked out due to the price drop, indicating good chip locking. The negative funding rate also suppresses short-term selling pressure, creating conditions for a rebound. The current risk-reward ratio exceeds 4, making this position worth setting up for a rebound.
Personal advice is for reference only, trading has risks, and investment requires caution! Pay attention to position control; staying alive is more important than anything else.
Follow Great He for daily updates and in-depth analysis, sharing only practical experiences that can help survive in the circle.