Everyone’s focused on the bounce but the 4H chart is hinting that sellers may still be in control.
$SOL /USDT – SHORT
Trade Plan:
Entry: 72.9057 – 72.9543
Stop Loss: 73.7102
Take Profit 1: 72.3448
Take Profit 2: 71.9547
Take Profit 3: 71.3695
$SOL is trading around 72.93, testing a key resistance area within a 1D bearish market structure.
The 15-minute RSI is 56.74, suggesting momentum remains neutral rather than confirming a bullish reversal.
The model favors a SHORT setup with 81% confidence, targeting 72.34, 71.95, and 71.37.
ATR (0.25) indicates volatility compression, a condition that often precedes sharp directional moves.
A clean break below 72.90 could accelerate downside momentum toward the listed profit targets.
$SOL
$SOL /USDT – SHORT
Trade Plan:
Entry: 72.9057 – 72.9543
Stop Loss: 73.7102
Take Profit 1: 72.3448
Take Profit 2: 71.9547
Take Profit 3: 71.3695
$SOL is trading around 72.93, testing a key resistance area within a 1D bearish market structure.
The 15-minute RSI is 56.74, suggesting momentum remains neutral rather than confirming a bullish reversal.
The model favors a SHORT setup with 81% confidence, targeting 72.34, 71.95, and 71.37.
ATR (0.25) indicates volatility compression, a condition that often precedes sharp directional moves.
A clean break below 72.90 could accelerate downside momentum toward the listed profit targets.
$SOL