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Why SOL just triggered my SHORT alert at 95% confidence—and most traders are still buying the dip.
$SOL /USDT - SHORT
Trade Plan:
Entry: 71.05 – 71.47
SL: 73.27
TP1: 69.76
TP2: 68.75
TP3: 67.25
Why this setup?
• RSI on 15m is 33.9, nearing oversold but trend1D is bearish—this isn’t a reversal, it’s a dead cat bounce setup.
• Entry zone 71.26 with TP1 at 69.76, TP2 at 68.75—tight risk/reward with ATR 1h at 0.8359 confirming low volatility squeeze.
• The 4h MTF alignment screams continuation, not exhaustion.
Debate:
Are you waiting for 67.25 or do you think SOL fakes the breakdown and ripes back to 73?