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Is this the last chance for SOL longs to escape?
$SOL /USDT - Short SHORT
Trading Plan:
Entry: 80.39 – 80.75
SL: 82.29
TP1: 79.28
TP2: 78.42
TP3: 77.13
Why pay attention to this structure?
- 15-minute RSI has dropped to 29.62, oversold but not reversed, bearish momentum continues.
- 4-hour EMA is about to form a death cross, with concentrated LONG stop losses around 80.57.
- Why now? A short-term rebound to 80.75 is the best SHORT entry, TP1 at 79.28, accelerating to 78.42 after breakout.
Discussion:
Will this move hit TP2 first, or is it a bull trap that reverses to 82.72?