SOL short signals emerge— is 78.65 a trap or the starting point?
$SOL /USDT - SHORT sell
Trading plan:
Entry: 78.55 – 78.75
SL: 79.64
TP1: 77.91
TP2: 77.42
TP3: 76.68
Why focus on this structure?
- Clear direction on the 4-hour timeframe: SHORT. The 15-minute RSI has already topped out at 72.4, and there’s strong pressure for a near-term pullback.
- Current price at 78.65 is near the resistance zone. TP1 is 77.91, TP2 is 77.42, with the stop loss at 79.64.
- The 1-day trend is still range-bound, but the 4h signal takes priority—this is a bearish window to play.
Discussion:
Will this short hit