SOL range ends, sellers take control

🔮 SHORT $SOL /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 103.5432 – 103.7368
TP1: 102.2790 (-1.3%)
TP2: 101.3717 (-2.2%)
TP3: 100.0108 (-3.5%)
SL: 105.4546 (+1.8%)
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? 5/12 signals agree, 1 against.
‱ 4h trend down (below EMA50 & EMA200)
‱ 1h trend down (below EMA50 & EMA200)
‱ BTC is falling, this coin follows (corr 0.92)
Risk: Range bottom, buyers often step in (RSI z −2.41)

Plan A:
If price breaks the 1h EMA50, the 4h bearish stack continues and it pushes toward the entry low 103.5432 and below.

Plan B (invalidation):
A sharp rise back through the entry high 103.7368 would signal a failed breakdown and I would exit the short immediately.

Where do you place your invalidation if you agree?

Levels mapped on the chart below.

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⚠ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.