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Everyone’s still bullish on SOL — but the 4H chart just whispered “sell” at 95% confidence.
$SOL /USDT - SHORT
Trade Plan:
Entry: 62.85 – 63.57
SL: 66.69
TP1: 60.60
TP2: 58.86
TP3: 56.25
Why this setup?
• Daily trend is bearish, yet price sits at 63.21 — right on the 1H pivot resistance.
• 15m RSI at 53.91 shows no real momentum to push higher.
• ATR of 1.45 on 1H means volatility is tight — a breakdown below 62.85 could trigger TP1 at 60.60 fast.
• Why now? The short setup is waiting for confirmation — don’t fade the 4H bias.
Debate:
If SOL rejects 63.21 again, are you shorting to 60.60 or waiting for TP2 at 58.86?