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Everyone’s still buying SOL at 80.57—but the 4h chart just whispered “short.”
$SOL /USDT - SHORT
Trade Plan:
Entry: 80.41 – 80.73
SL: 82.08
TP1: 79.44
TP2: 78.69
TP3: 77.56
Why this setup?
The 1h RSI hit 80.57 (overbought), and the 1D trend is stuck in a range. ATR on the 1h is tight at 0.62—meaning a squeeze is due. The short setup targets TP1 at 79.44 and TP2 at 78.69. Why now? The 15m RSI at 50.41 shows no momentum to break higher, and the alt scenario needs a drop below 79.01 to invalidate the short.
Debate:
Are you taking the short to 78.69 or fading the signal into the weekend?