SOL shorts are already set up—does the 4-hour timeframe look like it’s brewing a sharp drop?



$SOL /USDT - SHORT

Trading plan:
Entry: 76.71 – 76.95
SL: 77.95
TP1: 75.99
TP2: 75.43
TP3: 74.59

Why focus on this structure?
- 15-minute RSI has fallen to 33.39; short-term is oversold but not rebounding—bearish momentum is still releasing.
- The 4-hour EMA trend is bearish; ATR (0.46) shows volatility is moderate, suitable for swing trading.
- Current price is 76.83. First target is 75.99 (TP1). Stop loss at 77.95, with a reasonable risk-reward ratio.
- Why now? Because the 1D trend is ranging, but the 4h bearish signals have already been confirmed, making a clear short-term short setup.

Discussion:
Will this short hit TP1 first, or will it get trapped by a bull trap and rebound to 77.95 to stop out?
SOL1.66%
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