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SOL longs beware! 4H signal has turned SHORT
$SOL /USDT - SHORT
Trading Plan:
Entry: 77.79 – 78.07
SL: 79.25
TP1: 76.94
TP2: 76.28
TP3: 75.29
Why focus on this structure?
- 1D trend is a range, but 4H gives a SHORT signal with 55% confidence
- 15-min RSI 46.78, not oversold, downside room remains
- Current price 77.93, TP1 at 76.94, TP2 at 76.28, risk-reward ratio about 1:2
- Why now? EMA resistance + RSI neutral-bearish, bearish momentum building
Discussion:
Will this short hit TP2 first, or fakeout bounce to 79.25 stop loss?