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Most traders are still long on SOL, but the 4H structure just flipped against them.
$SOL /USDT - SHORT
Trade Plan:
Entry: 80.95 – 81.23
SL: 82.44
TP1: 80.08
TP2: 79.41
TP3: 78.39
Why this setup?
Why now? RSI on 15M is at 54, neutral—no momentum to break resistance. 1D trend is range-bound, not bullish. With ATR at 0.56 on 1H, the short setup targets TP2 at 79.41 before any real bounce. The entry zone at 81.09 is tight, and the invalidation at 78.57 gives a clean risk/reward.
Debate:
Is this a fake breakdown or the start of a move to 78?