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SOL short signals flash—are you still going long?
$SOL /USDT - SHORT
Trading plan:
Entry: 76.63 – 76.87
SL: 77.94
TP1: 75.85
TP2: 75.26
TP3: 74.36
Why focus on this structure?
- On the 4-hour timeframe, the direction is clearly pointing to SHORT; the 1-day trend is ranging, which is the right time to set up a short position from above.
- RSI on the 15-minute timeframe is 53.7, not oversold, and downside momentum is still being released.
- Entry reference 76.75, TP1 75.85, TP2 75.26, stop-loss 77.94; the risk-reward ratio is reasonable.
Discussion:
Will this short reach TP2 first, or is it a stop-hunt style dip followed by a rebound?