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SOL’s rebound— is 76.66 the final exit door?
$SOL /USDT - Sell SHORT
Trading plan:
Entry: 76.55 – 76.77
SL: 77.76
TP1: 75.83
TP2: 75.28
TP3: 74.46
Why focus on this structure?
- The 4H bearish trend is confirmed: RSI on 15M has broken below 34; it’s oversold but hasn’t reversed.
- 76.66 is the current key resistance; if it can’t hold, TP1 at 75.83 directly becomes the target below.
- Why now? The daily chart is dominated by bears, and short-term rebounds are just traps—not a reversal.
Discussion:
Should we short 76.66 first to TP2 at 75.28, or will bulls pull it back and stop us out?