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Is SOL’s $78 a trap or a takeoff point?
$SOL /USDT - SHORT sell
Trading plan:
Entry: 78.05 – 78.27
SL: 79.17
TP1: 77.40
TP2: 76.89
TP3: 76.14
Why focus on this structure?
• A 4H-level SHORT signal, but the 15M RSI is only 52.7—no sign of being overbought• The 1D trend is ranging, with intense long/short competition around 78.16• Currently waiting for the trigger—if it breaks below 78.05, the target is TP1 77.40; if it rebounds to 78.27, there is a possibility of a reversal
Discussion:
Will this SOL reach TP2 76.89 first, or will it lure the longs and pull back above $79?