Everyone's glued to the $SOL bounce off $105, but the 4H is coiling a bearish squeeze toward the $20‑$22 zone.
$SOL - SHORT
Entry: 103.10 – 102.80
SL: 105.40
TP1: 99.70
TP2: 96.20
TP3: 92.00
Why this setup?
- 4H RSI sitting at 38, diving below the 40‑45 danger zone.
- Price broke the 200‑day MA at $22.48, now testing the $20 support magnet.
- 1D ATR of 3.2 gives a tight risk‑reward; downside bias >70% on volume divergence.
- 15m shows bearish engulfing candles aligning with the 1H downtrend channel.
Debate: Are you stacking shorts on the $20 break or waiting for a low‑timeframe bounce?
$SOL
$SOL - SHORT
Entry: 103.10 – 102.80
SL: 105.40
TP1: 99.70
TP2: 96.20
TP3: 92.00
Why this setup?
- 4H RSI sitting at 38, diving below the 40‑45 danger zone.
- Price broke the 200‑day MA at $22.48, now testing the $20 support magnet.
- 1D ATR of 3.2 gives a tight risk‑reward; downside bias >70% on volume divergence.
- 15m shows bearish engulfing candles aligning with the 1H downtrend channel.
Debate: Are you stacking shorts on the $20 break or waiting for a low‑timeframe bounce?
$SOL
