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Shorts have a 95% win rate—does SOL this time need to break down through 74?
$SOL /USDT - Go SHORT
Trading plan:
Entry: 75.98 – 76.24
SL: 77.38
TP1: 75.16
TP2: 74.52
TP3: 73.57
Why focus on this setup?
- 4-hour timeframe confirms the SHORT; the daily moving average is bearish in a clear downtrend
- RSI on the 15-minute chart has reached 41.21, in a weak zone, with no strong rebound power
- Current price is 76.11. TP1 is at 75.16, TP2 at 74.52—there’s plenty of room for the downside
- Why now? EMA resistance + weak RSI: any rebound is the short point, not a place to chase longs
Discussion:
Will this move first hit TP2, or is it a bull-trap rebound before dropping further? Where are you setting your stop loss?