$SOL Short 100x – Liquidation zone active.
SOL is finally reacting downwards from the range 63.44459–63.95541. I just opened an isolated 100x short position.
Trading plan:
- Entry: 63.44459 – 63.95541
- TP1: 62.16753 (R:R 1:1.0)
- TP2: 61.65671 (R:R 1:1.3)
- TP3: 60.63506 (R:R 1:2.0)
- SL: 65.23247
Why this setup?
- The 4-hour short structure remains intact, with the daily backdrop keeping the market bearish, and price constantly bouncing off the 63.44459–63.95541 zone near 63.70000.
- 15-minute RSI at 68 indicates heightened momentum that could still flip from this point.
- Volume on the 15-minute chart is at 2.46x, with 305.36K trades compared to expected 124.11K, confirming real seller participation.
SOL is finally reacting downwards from the range 63.44459–63.95541. I just opened an isolated 100x short position.
Trading plan:
- Entry: 63.44459 – 63.95541
- TP1: 62.16753 (R:R 1:1.0)
- TP2: 61.65671 (R:R 1:1.3)
- TP3: 60.63506 (R:R 1:2.0)
- SL: 65.23247
Why this setup?
- The 4-hour short structure remains intact, with the daily backdrop keeping the market bearish, and price constantly bouncing off the 63.44459–63.95541 zone near 63.70000.
- 15-minute RSI at 68 indicates heightened momentum that could still flip from this point.
- Volume on the 15-minute chart is at 2.46x, with 305.36K trades compared to expected 124.11K, confirming real seller participation.