Most traders ignore SOL while the stack turns bearish.
🔴 SHORT $SOL /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 92.9104 – 93.1896
TP1: 90.7692 (-2.5%)
TP2: 89.2486 (-4.1%)
TP3: 86.9678 (-6.5%)
SL: 96.0911 (+3.3%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? SOL checklist: 5/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• BTC is falling, this coin follows (corr 0.88)
Watch: The idea is wrong if price reaches the stop at 96.0911
Net read: The 4h and 1h trends both show a bearish stack, meaning the swing and short-term trends are down, but the daily trend is mixed and the price is not stretched from its average, so conviction is moderate and some factors disagree.
Where do you set your stop for this trade?