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SOL shorts are testing the key level at 80.67, bounce is a trap?
$SOL /USDT - SHORT
Trading Plan:
Entry: 80.49 – 80.85
SL: 82.44
TP1: 79.34
TP2: 78.46
TP3: 77.13
Why focus on this structure?
- 4-hour SHORT signal activated, 15-minute RSI at 40.94, bearish momentum not yet released.
- Targets: TP1=79.34, TP2=78.46, Stop Loss 82.44, Risk/Reward ratio nearly 3x.
- Under the daily range-bound pattern, 80.67 is a recent high-volume area, high probability of acceleration after breakdown.
Discussion:
Will this move first hit TP2, or will it bounce from 80 support and hit the stop loss?