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SOL 78’s fake breakout—did you chase it?
$SOL /USDT - SHORT
Trading Plan:
Entry: 77.80 – 78.12
SL: 79.47
TP1: 76.83
TP2: 76.07
TP3: 74.94
Why pay attention to this structure?
- A 4H-level SHORT signal is waiting to trigger, and the intraday trend is ranging—not a one-way move.
- The 15-minute RSI is 52.05: neutral to weak, with no overbought support.
- The current price 77.96 is exactly sitting on the 1H key level; 79.42 above is the stop-loss boundary, and TP1 at 76.83 is below.
- Why now? Fake breakouts happen frequently within the range—chasing longs around 78 is likely to get stopped out.
Discussion:
Will this move first reach TP2 at 76.07, or will it bounce and blow up the shorts directly?