SOL's RSI on the 15-minute chart dropped to 38 — is this a head fake or a bottom fishing signal?



$SOL /USDT - LONG

Trading Plan:
Entry: 76.78 – 77.14
SL: 74.75
TP1: 78.62
TP2: 79.73
TP3: 81.39

Why focus on this structure?
- 4-hour EMA bullish alignment, but the 1-day trend is still ranging, not trending.
- 15-min RSI at only 38.44, in oversold territory, short-term bounce probability high.
- LONG strategy reference: entry 76.96, TP1 78.62, TP2 79.73, SL 74.75.
- Why now? Low RSI + 4-hour support unbroken — a dip-buying opportunity within the range.

Discussion:
Do you bet this leg hits TP2 at 79.73 first, or gets stopped out at SL 74.75?
SOL-2.34%
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