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SOL bulls’ last celebration—or a bear trap?
$SOL /USDT - SHORT (Sell)
Trading Plan:
Entry: 80.56 – 80.94
SL: 82.61
TP1: 79.36
TP2: 78.43
TP3: 77.04
Why focus on this structure?
- The 4H-level SHORT signal has been triggered. RSI on the 15m timeframe has fallen to 36.36, nearing the oversold zone.
- The current price at 80.75 is clinging to 1H resistance; the EMA trend is bearish, and the rebound lacks momentum.
- If key support at 79.98 breaks, TP1 at 79.36 and TP2 at 78.43 will be quickly achieved.
- Why now? RSI is low + resistance pressure is strong, giving a short setup risk-reward ratio exceeding 1:3.
Discussion: