🔴 $SOL /USDT · Bias: SHORT
SOL is below bearish EMA stacks on the 4h and 1h charts, so the trend should keep pushing down.

Entry: 70.4631 – 70.7769
TP1: 68.2461 (-3.4%)
TP2: 66.6635 (-5.6%)
TP3: 64.2896 (-9.0%)
SL: 73.7852 (+4.5%)
Note: moderate conviction only, keep size light.

Why: The 1h RSI shows bearish momentum at 36.7, which means sellers have the momentum.
Risk: Price is washed out, bounces are common from here (4h RSI 22.3, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Do you see room for more downside from here?

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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.