$SOL is threatening to lose the $96 handle, while the crowd is still buying around $96.40. 👀
$SOL /USDT — 🔴 SHORT · 91% CONF
📍 Trade Plan
Entry: 96.2606 – 96.5394
SL: 99.7205
TP1: 93.9096
TP2: 92.2494
TP3: 89.7590
Why this setup?
🔥 Why now?
The 4H chart has armed a SHORT with a 7.3/10 edge score. The 4H trend remains bearish while the 1D chart is range-bound.
📉 Momentum:
15M RSI is at 32.25, showing that downside momentum is already developing. That also means a short-term bounce remains possible, so chasing weakness carries risk.
🎯 Entry:
96.26 – 96.54
Reference: 96.40
Targets:
TP1: 93.91
TP2: 92.25
TP3: 89.76
TP1 represents roughly a 2.5% move from the entry reference.
🛡️ Risk:
Invalidation: 99.72
This is a 4H trend-following short inside a daily range, not a confirmed long-term breakdown. Respect the stop and manage position size accordingly.
The debate:
Does SOL reach TP2 at $92.24 before the weekend, or does the daily range trap the bears around $93.90? 👀
👇 Click here to Trade
#SOL
$SOL /USDT — 🔴 SHORT · 91% CONF
📍 Trade Plan
Entry: 96.2606 – 96.5394
SL: 99.7205
TP1: 93.9096
TP2: 92.2494
TP3: 89.7590
Why this setup?
🔥 Why now?
The 4H chart has armed a SHORT with a 7.3/10 edge score. The 4H trend remains bearish while the 1D chart is range-bound.
📉 Momentum:
15M RSI is at 32.25, showing that downside momentum is already developing. That also means a short-term bounce remains possible, so chasing weakness carries risk.
🎯 Entry:
96.26 – 96.54
Reference: 96.40
Targets:
TP1: 93.91
TP2: 92.25
TP3: 89.76
TP1 represents roughly a 2.5% move from the entry reference.
🛡️ Risk:
Invalidation: 99.72
This is a 4H trend-following short inside a daily range, not a confirmed long-term breakdown. Respect the stop and manage position size accordingly.
The debate:
Does SOL reach TP2 at $92.24 before the weekend, or does the daily range trap the bears around $93.90? 👀
👇 Click here to Trade
#SOL
