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Can SOL longs withstand this 4h short attack?
$SOL /USDT - short SHORT
Trading plan:
Entry: 75.83 – 76.01
SL: 76.82
TP1: 75.24
TP2: 74.79
TP3: 74.12
Why focus on this structure?
- The trend is clear: 1D shorts dominate, 4h direction is SHORT with 95% confidence.
- Key levels: currently 75.92 is sticking close to the EMA; RSI on 15m is only 45.64, and rebounds lack strength.
- Why now? ATR on 1h is as low as 0.37. After volatility compression, a breakout is about to happen, with short momentum building.
Discussion:
Will this drop hit TP1 at 75.24 first, or will it directly break through TP3 at 74.12?