$SOL Short 100x | Touch the Resistance, the Selling Side Already Has Entry Points
I’m tracking $SOL for a SHORT setup when price moves into the rejection zone I’ve marked.
Not because this is a “sure-win order,” but because the invalidation point is clearly defined and the risk can be controlled.
📌 Trading plan:
⟶ Entry: 77.240 – 77.320
• TP1: 76.970
• TP2: 76.770
• TP3: 76.460
⛔ SL: 77.690
🔎 Why I lean toward SHORT:
The 4H timeframe still shows selling pressure when price is capped at 77.24–77.32.
The Daily structure is still ranging and has not shown any clear breakout signal.
RSI on the 15M timeframe is around 60, still leaving room for price to correct if the resistance zone continues to be held.
Volume is rising strongly, indicating the current move has significant participation.
I prioritize risk management first, then profit. If the 77.24–77.32 zone is broken and confirmed to hold above, the SHORT idea will be invalidated.
Will you SHORT on the first touch, or wait for a SOL retest to confirm the rejection before entering?
I’m tracking $SOL for a SHORT setup when price moves into the rejection zone I’ve marked.
Not because this is a “sure-win order,” but because the invalidation point is clearly defined and the risk can be controlled.
📌 Trading plan:
⟶ Entry: 77.240 – 77.320
• TP1: 76.970
• TP2: 76.770
• TP3: 76.460
⛔ SL: 77.690
🔎 Why I lean toward SHORT:
The 4H timeframe still shows selling pressure when price is capped at 77.24–77.32.
The Daily structure is still ranging and has not shown any clear breakout signal.
RSI on the 15M timeframe is around 60, still leaving room for price to correct if the resistance zone continues to be held.
Volume is rising strongly, indicating the current move has significant participation.
I prioritize risk management first, then profit. If the 77.24–77.32 zone is broken and confirmed to hold above, the SHORT idea will be invalidated.
Will you SHORT on the first touch, or wait for a SOL retest to confirm the rejection before entering?