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SOL short signal not realized, who set the trap at 78.92?
$SOL /USDT - SHORT
Trading Plan:
Entry: 78.78 – 79.06
SL: 80.23
TP1: 77.94
TP2: 77.28
TP3: 76.30
Why focus on this structure?
- EMA and RSI data show 15m RSI 55.75, short-term rebound but 4h trend bearish.
- Current price 78.92, TP1 target 77.94 (-1.24%), SL set at 80.23 (+1.66%), risk-reward ratio 1.3:1.
- 1D trend is range, invalid only above 79.37, otherwise the bearish logic holds.
Discussion:
Will it hit TP2 77.28 first, or fake break and reverse to stop loss?