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SOL Short Alert: The 4-hour EMA death cross has been confirmed—what are the whales waiting for?
$SOL /USDT - Short SHORT
Trading plan:
Entry: 77.72 – 78.02
SL: 79.29
TP1: 76.80
TP2: 76.09
TP3: 75.02
Why focus on this setup?
- The 15-minute RSI is only 46.6; the bounce lacks strength, and bearish momentum keeps building.
- The 4-hour EMA is arranged bearish; 78.02 is the current key resistance—stay short only until it breaks.
- Within the 1-day consolidation range, 77.87 sits exactly at the top edge of the box, making the short’s risk-reward the best.
- Why now? Because the 78.02–78.02 area has been tested 3 times in a row without breaking—sell pressure is concentrated.
Discussion:
Will this move first hit TP1 at 76.80, or will it directly wick down to 75.02?