$SOL - SHORT case (x40)
At a glance $SOL looks near a bottom. Look closer, RSI at 45 on the 1-hour is still under 50.
RSI sits below 50 on every timeframe while staying above 30, so sellers hold control without being washed out. Price needs to reach the entry zone about 0.1% higher before this setup triggers, and the stop sits 0.7% from there.
Does that RSI at 45 read as sellers still in control to you?
Setup:
Entry: 95.56–95.62
TP1: 94.93
TP2: 94.28
TP3: 93.51
SL: 96.24
The first one paid part of the way. Second entries are rarely as clean, so I am going smaller.
⚠️ Personal market insight, not investment advice. DYOR.
At a glance $SOL looks near a bottom. Look closer, RSI at 45 on the 1-hour is still under 50.
RSI sits below 50 on every timeframe while staying above 30, so sellers hold control without being washed out. Price needs to reach the entry zone about 0.1% higher before this setup triggers, and the stop sits 0.7% from there.
Does that RSI at 45 read as sellers still in control to you?
Setup:
Entry: 95.56–95.62
TP1: 94.93
TP2: 94.28
TP3: 93.51
SL: 96.24
The first one paid part of the way. Second entries are rarely as clean, so I am going smaller.
⚠️ Personal market insight, not investment advice. DYOR.
