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Is SOL 75.6’s rebound the last chance to escape?
$SOL /USDT - SHORT sell
Trading plan:
Entry: 75.5 – 75.7
SL: 76.9
TP1: 74.6
TP2: 74.0
TP3: 73.0
Why focus on this structure?
- 4-hour timeframe confirms the short-side trend, with 95% confidence pointing to SHORT.
- RSI on the 15-minute chart is only 40.22; rebound momentum is depleted, and under EMA suppression it’s easy to fall but hard to rise.
- Why now? Price hit the 75.6 resistance zone; there’s only 1% space to TP1 (74.6), with an excellent risk-reward ratio.
Discussion:
Will this short take TP2 first, or will it suddenly reverse and sweep your SL?