SOL’s 4H bearish signal—are you brave enough to short it?



$SOL /USDT - SHORT

Trading plan:
Entry: 76.84 – 77.12
SL: 78.31
TP1: 75.98
TP2: 75.32
TP3: 74.32

Why focus on this structure?
- The 15-minute RSI has dropped to 43.37; short-term momentum is weakening, with bears in control.
- The 4H timeframe is clearly set to SHORT, while the 1D trend is still within a ranging zone; the breakout hasn’t been confirmed.
- Current price is 76.98; TP1 is 75.98 (-1.3%), TP2 is 75.32 (-2.2%), and the stop loss is 78.31 (+1.7%). The risk-reward ratio is reasonable.
- Why now? RSI has just crossed below 50; the bearish signal hasn’t faded, and the entry is right in the resistance area.

Discussion:
Will this move reach TP2 first, or is it a bull trap?
SOL-0.54%
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