SOL looks like it’s about to lose the 96 handle, while the crowd is still buying around 96.40.

Honestly, in a few hours, that price could look expensive.

$SOL/USDT — 🟢 SHORT · Conf 91%

Trade Plan:

Entry: 96.2606 – 96.5394

SL: 99.7205

TP1: 93.9096

TP2: 92.2494

TP3: 89.7590

Why this setup?

This isn’t just a random guess. It’s a mechanical read of the 4h chart, which just triggered a SHORT setup with an edge score of 7.3/10.

The 15m RSI is already at 32.25, so the first leg down is already underway.

Why now?

Because the 4h trend is still down, while the 1D is basically ranging. So for me, this setup is simply following the path of least resistance.

Entry zone: 96.26 – 96.54, with 96.40 as the main reference.

TP1: 93.90, which is around a 2.5% move and looks reachable based on the current ATR.

Invalidation: a daily close above 99.72.

That’s what I like here: the risk is clearly defined, and the setup is giving more room to the downside.

This is a trend-following short, not some counter-trend gamble.

But don’t confuse “trend” with “safe.”

The 1D is still in a range, so this is more of a swing inside the box than a real breakout setup.

If you take the trade, respect your risk and the invalidation level. Otherwise, you’re basically giving the market an easy donation.

Debate:

Will SOL hit TP2 at 92.24 before the weekend, or will the range trap the bears around 93.90?

Where is your stop?

Not financial advice. Always manage your own risk and do your own research.