SOL long-short battle is about to begin—75.85 a trap or the starting point?



$SOL /USDT - go short SHORT

Trading plan:
Entry: 75.70 – 76.00
SL: 77.26
TP1: 74.79
TP2: 74.09
TP3: 73.03

Why focus on this structure?
- 4-hour timeframe bearish signals with 95% confidence; the 1D trend is clearly bearish.
- 15-minute RSI is only 46.05; the bounce lacks strength, and bearish momentum hasn’t been released.
- The area near 75.85 is under EMA resistance. If it can’t break above 76.00, it will likely pull back to TP1 74.79.
- Why now? 1-hour ATR is only 0.587. With volatility tightening, a breakout is imminent—shorts have a higher win rate.

Discussion:
Will this move reach TP2 74.09 first, or will it lure longs and blow up the shorts?
SOL-3.02%
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