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Most traders are still long SOL — but the 4H data just flipped a 95% confidence SHORT signal.
$SOL /USDT - SHORT
Trade Plan:
Entry: 74.52 – 74.98
SL: 76.98
TP1: 73.08
TP2: 71.96
TP3: 70.29
Why this setup?
Why now? RSI on 15M is 44.18, momentum is weakening. 1D trend is bearish. ATR on 1H shows volatility contraction, often preceding a breakdown. Entry at 74.75 with TP1 at 73.08 and TP2 at 71.96 — that’s a potential 3.8% move in hours, not days.
Debate:
Is this the start of a cascade to 70.29 or just a fakeout before a squeeze?