SOL is going sideways around $78—are we seeing a follow-through drop after buildup, or a fakeout?



$SOL /USDT - SHORT

Trading Plan:
Entry: 77.89 – 78.17
SL: 79.39
TP1: 77.01
TP2: 76.33
TP3: 75.31

Why focus on this setup?
• The 4-hour timeframe issues a SHORT signal, but the 1-day trend is ranging—no extreme directional bias.
• RSI on the 15-minute chart is 50.07, neutral-to-weak, with no overbought pressure.
• The current price of 78.03 is near EMA support, but ATR is only 0.567, indicating low volatility—before a break above 79.39, shorts should be cautious.
• Why now? Low volatility + the upper edge of the range makes the short’s risk-reward more favorable.

Discussion:
Do you think SOL will hit TP1 at 77.01 first, or will it bounce and bait longs up to the 79.39 stop-loss?
SOL2.04%
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