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Most traders are buying SOL right now — that’s exactly why I’m shorting it.
$SOL /USDT - SHORT
Trade Plan:
Entry: 70.66 – 71.38
SL: 74.51
TP1: 68.40
TP2: 66.65
TP3: 64.03
Why this setup?
4H chart shows a 95% confidence short signal with a bearish daily trend. RSI on the 15m sits at 51.44, neutral but stalling. ATR on 1H is tight at 1.45, suggesting a breakout is imminent. Entry zone 70.66–71.38 with targets at 68.40, 66.65, and 64.03 — the downside is clear and the risk-to-reward is 1:3.
Debate:
Is 70 support just a trap before the dump, or will shorts get squeezed first?