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SOL short signal issued, 78.1 is the last defense?
$SOL /USDT - SHORT
Trading Plan:
Entry: 77.9 – 78.3
SL: 79.6
TP1: 77.0
TP2: 76.3
TP3: 75.1
Why pay attention to this structure?
- The 4-hour level direction is clearly SHORT, confidence 55.4, trend 1D consolidation.
- Entry zone 78.1, TP1=77.0, TP2=76.3, SL=79.6.
- Why now? 15-minute RSI 53.39 not overbought, 1-hour ATR only 0.615, volatility contraction may lead to a breakout.
Discussion:
Will it first hit TP2, or fake short bounce to 79.4 and then drop?