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Most traders think SOL is bouncing—here’s why the 4h data says they’re wrong.
$SOL /USDT - SHORT
Trade Plan:
Entry: 71.25 – 71.63
SL: 73.24
TP1: 70.09
TP2: 69.19
TP3: 67.84
Why this setup?
95% confidence SHORT signal on SOL. 1D trend is bearish, RSI on 15m is neutral (49.11) with no momentum to the upside. Entry zone at 71.44 with TP1 at 70.09—tight risk/reward with ATR at 0.75. Why now? Price is rejecting resistance and the 4h structure favors a continuation down, not a reversal.
Debate:
Would you short into a 95% confidence signal, or wait for a retest of 71.63 first?