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Everyone’s bullish on SOL — but the 4h data just lit a red flag most are ignoring.
$SOL /USDT - SHORT
Trade Plan:
Entry: 80.45 – 80.87
SL: 82.63
TP1: 79.18
TP2: 78.19
TP3: 76.71
Why this setup?
Why now? RSI on 15m sits neutral at 49.29, no momentum to break higher. ATR on 1h is tight (0.822), suggesting a squeeze. With trend1D in range, the short setup from 80.66 targets TP1 at 79.18 and TP2 at 78.19 — that’s a 3%+ drop from current levels.
Debate:
Is this a fakeout trap or the start of a cascade below 79?