【$SOL Signal】Bear Exhaustion, Bounce Incoming

$SOL price dropped with high volume from the 96.14 high to 88.51, with 4-hour trading volume surging to 9.23 million, but open interest remained stable without declining, indicating that bearish whales haven't left the market, characteristic of panic selling. The 1-hour RSI has entered the oversold zone at 24.31, and price found support near 88.5, with buy orders beginning to accumulate, bearish momentum exhausted. Under a negative funding rate environment, price hasn't further collapsed, indicating the market is digesting selling pressure and bounce momentum is building.

🎯 Direction: Long pending order

⚡ Entry: 88.16 - 88.40

🛑 Stop Loss: 86.10

🚀 Targets: 97.61 / 102.21

🛡 Strategy: Reduce position by half at target 1, move to breakeven.

View live chart 👇 $SOL
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