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Why I’m ignoring the crowd and shorting SOL right now.
$SOL /USDT - SHORT
Trade Plan:
Entry: 63.47 – 63.97
SL: 66.13
TP1: 61.91
TP2: 60.71
TP3: 58.90
Why this setup?
• 4H bias is SHORT with 95% confidence – that’s not a guess, it’s a signal.
• 1D trend is bearish, and 15m RSI at 72 is overheated – mean reversion is due.
• Entry at 63.72 with TP1 at 61.91 means a 2.8% drop in sight. Why wait?
Debate:
Is this the top before a flush or just another fakeout? What’s your TP?