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SOL is consolidating sideways at $82, what are the major players waiting for?
$SOL /USDT - SHORT
Trading Plan:
Entry: 81.88 – 82.24
SL: 83.77
TP1: 80.78
TP2: 79.93
TP3: 78.65
Why focus on this structure?
- The 4H SHORT signal is activated, but the 15-minute RSI at 61.44 is not overbought, indicating that the bears haven't pushed yet.
- The daily trend is ranging, key resistance at 82.24; if broken, reversal; otherwise, retracement target TP1 80.78.
- Current price 82.06 is exactly at the 1-hour EMA reference level, a directional decision is imminent.
Discussion:
Will it reach TP2 79.93 first, or fake breakdown and bounce back?