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SOL short signals activate— is 77.64 a trap or the starting point?
$SOL /USDT - SHORT sell
Trading plan:
Entry: 77.49 – 77.79
SL: 79.06
TP1: 76.58
TP2: 75.87
TP3: 74.80
Why focus on this structure?
- 1D range-bound consolidation, 4H bearish confirmation, 15M RSI only 38.8, with weak momentum.
- Around 77.64, TP1 at 76.58, TP2 at 75.87, stop-loss at 79.06.
- Why now? Price is getting rejected near the top of the range + low RSI, giving shorts better odds.
Discussion:
Will this wave reach TP2 first, or will it pull back to sweep the SL before falling again?