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Most traders think SOL is bottoming—here’s why the data screams otherwise.
$SOL /USDT - SHORT
Trade Plan:
Entry: 64.41 – 65.23
SL: 68.72
TP1: 61.89
TP2: 59.94
TP3: 57.02
Why this setup?
- 1D trend is **bearish** with a 95% short confidence score.
- RSI on 15m is neutral at 54.04, giving room for a continuation move down.
- ATR on 1h is 1.63, meaning volatility is compressed—breakouts are violent.
- Entry zone at 64.82, with TP1 at 61.89 and TP2 at 59.94. The path of least resistance is down.
Debate:
If SOL rejects 64.82 again, are you shorting into 61 or waiting for a lower high?