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Most traders think SOL is bouncing—I see a 95% trap forming right now.
$SOL /USDT - SHORT
Trade Plan:
Entry: 67.67 – 67.91
SL: 68.94
TP1: 66.93
TP2: 66.35
TP3: 65.49
Why this setup?
• 4H timeframe confirms bearish trend with 95% confidence.
• RSI on 15m at 65.47 shows overbought local bounce, not reversal.
• Entry at 67.79 with tight SL at 68.94—risk is defined, reward is 3:1 to TP3 at 65.49.
• Why now? Price is kissing resistance in a bearish 1D structure—short squeeze setup is a mirage.
Debate:
Are you fading this bounce or waiting for the breakdown below 66.93?