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Most traders think SOL is bottoming—here’s why the 4h chart says they’re wrong.
$SOL /USDT - SHORT
Trade Plan:
Entry: 68.64 – 69.26
SL: 71.93
TP1: 66.72
TP2: 65.23
TP3: 63.00
Why this setup?
• Daily trend is bearish, 4h structure confirms SHORT with 95% confidence.
• RSI on 15m sits at 45.84—no oversold bounce signal yet.
• ATR volatility is tight (1.24 on 1h), suggesting a quiet breakdown is brewing.
• Entry zone at 68.95 with TP1 at 66.72, TP2 at 65.23—why wait?
Debate:
Is SOL about to dump to 63 or fake out and rip to 71? What’s your play here?