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Everyone is bullish on SOL — but the 4h chart just screamed short at 95% confidence.
$SOL /USDT - SHORT
Trade Plan:
Entry: 67.65 – 68.17
SL: 70.39
TP1: 66.05
TP2: 64.81
TP3: 62.95
Why this setup?
• Trend 1D is bearish, and RSI 15m at 60.35 shows a local bounce losing steam.
• Entry at 67.91 with tight stop at 70.39 — risk is defined, upside capped.
• ATR 1h at 1.03 suggests volatility is compressing; breakdown to TP1 (66.05) is the path of least resistance.
• Why now? Price rejected key resistance zone and the "Waiting" status means the move hasn't triggered yet — you're early.
Debate:
Are you fading the local pump or waiting for the 4h candle to confirm the short?