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SOL’s 4-hour SHORT signal—are you brave enough to follow it?
$SOL /USDT - Sell SHORT
Trading plan:
Entry: 77.30 – 77.58
SL: 78.74
TP1: 76.46
TP2: 75.81
TP3: 74.83
Why focus on this structure?
- Current SOL price is 77.44; the 1-day trend is in a ranging/sideways zone, direction unclear.
- 4-hour SHORT signal with a confidence of 55.4%; RSI (15-minute) is 51.56—no obvious overbought or oversold.
- Entry reference at 77.44; TP1 at 76.46; TP2 at 75.81; stop loss at 78.74.
- Why now? Because the short-term EMA is weak, but RSI is neutral—waiting for a break above 77.96 to confirm failure.
Discussion:
Will this wave reach TP2 first, or is it a long-squeeze trap?