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At this SOL level, both longs and shorts are betting on their lives.
$SOL /USDT - go SHORT
Trading plan:
Entry: 77.63 – 77.93
SL: 79.21
TP1: 76.71
TP2: 76.00
TP3: 74.93
Why watch this structure?
- The 4-hour direction is clearly SHORT; the 15-minute RSI is only 23.29, which is severely oversold, but the trend is still bearish.
- Current price 77.78 is clinging to EMA support. Once it breaks below 77.63, the probability of accelerating toward TP1 76.71 and even TP2 76.00 is very high.
- Why now? Oversold bounces lack strength, indicating shorts are in control. A bounce is an opportunity to short.
Discussion:
Will this move reach 76.71 first, or will it V-reverse and blow up the shorts immediately?