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SOL Long Setup — Is $77 the Bottom or a Trap?
$SOL /USDT — LONG
Trade Plan:
Entry: 76.80 – 77.14
SL: 74.88
TP1: 78.54
TP2: 79.58
TP3: 81.15
Why this structure?
- Bullish signal on the 4H timeframe, 77% confidence, trend remains range-bound.
- RSI 15-min at 45.26, not overheated, room for a bounce.
- Entry zone 76.80-77.14, TP1 at 78.54, SL at 74.88 — reasonable risk/reward.
- Why now? Low end of the range + bullish signal + not overbought — suitable for a light long attempt.
Discussion:
Will price hit TP2 at 79.58 first, or get stopped out and then rally?