SOL's bounce is a textbook bear trap—don't be the one caught in it.
$SOL /USDT - SHORT
Trade Plan:
Entry: 98.212299 – 99.407701
SL: 102.396208
TP1: 95.223793
TP2: 94.02839
TP3: 91.637585
Why this setup?
• 1D trend is firmly bearish, giving the SHORT bias macro context.
• Price is rejecting at the 4H entry zone (~98.81), aligning with the downtrend.
• RSI on the 15m is weak at 42.72, showing no strong bullish momentum on smaller timeframes.
Debate:
The first target is ~95.22. Are we dropping to TP1 this week, or will bulls stage a surprise reversal?
Trade here 👇
SOL
103.22
-1.10%