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SOL short-selling undercurrents surge; is $77.3 a trap or a starting point?
$SOL /USDT - SHORT
Trading Plan:
Entry: 77.1 – 77.5
SL: 78.9
TP1: 76.1
TP2: 75.3
TP3: 74.1
Why focus on this structure?
- The 4-hour SHORT signal has been activated, with a 55% win rate and EMA resistance, making the bearish logic valid.
- RSI (15m) is only 47.77, not oversold; downside room remains.
- First target TP1 76.1 is close, TP2 75.3 is a 4-hour support zone. Why now? Because the 1-hour trend has broken down.
Discussion:
Will this wave first hit TP2 75.3, or a short-trap bounce? Have you placed an order?