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SOL rebounds to 77, but the 4H signal is waiting for you to short
$SOL /USDT - SHORT
Trading plan:
Entry: 76.92 – 77.24
SL: 78.62
TP1: 75.93
TP2: 75.16
TP3: 74.00
Why focus on this structure?
- The 15-minute RSI hit 67.65, short-term overheated, with a clear pullback signal
- The 4H direction is clearly SHORT, and the 1D is in a ranging zone, not a trend reversal
- Why now? Price is exactly hitting the EMA resistance zone and the ATR volatility band, with TP1 at 75.93 and upside/space of 2%+
Discussion:
Will this move reach TP2 first, or is it a bull trap?