While many anticipate a bounce, $SOL/Tether stablecoin presents a potential short opportunity. 📉

**$SOL - SHORT Setup**

**Trade Plan:**
Entry: 77.90 – 78.50
SL: 80.36
TP1: 76.05
TP2: 74.61
TP3: 72.45

**Technical Analysis:**
The 4-hour chart signals a short setup, aligning with a persistent bearish daily trend for $SOL. This indicates continued downward pressure. 🐻

A 15m RSI reading of 33.7 suggests that any minor upward movements are likely to be weak and short-lived. Key resistance is identified around the 78.50 level.

The path of least resistance points towards our initial target, TP1 at 76.05. Further downside could potentially see prices reaching TP2 at 74.61.

Considering the technicals, the debate remains whether this move precedes a deeper correction towards TP2. Share your insights below. 👇

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