SOL Short Alert: A Hidden Trap on the 4-Hour Chart?



$SOL /USDT - SHORT

Trade Plan:

Entry: 80.71 – 81.05
SL: 82.52
TP1: 79.65
TP2: 78.83
TP3: 77.60

Why focus on this structure?

- The 1D trend is sideways, but the 4H direction is clearly pointing to SHORT, with signals armed.
- The 15-minute RSI has dropped to 31.96, nearing oversold territory, but the rebound lacks strength.
- The current price is 80.88, only 1.5% away from TP1, offering an attractive risk-reward ratio.
- Why now? Under EMA suppression, bearish momentum has not exhausted.

Discussion:

Will this move first hit TP2 at 78.83, or is it a bear trap that rebounds to stop out SL?
SOL1.42%
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