📊 Trade Setup: $SOL – Sharp Breakdown, Potential Short on Weak Bounce

SOL just printed a strong 1H breakdown candle with expanding volume, rejecting EMA20 + Bollinger midline. On 4H, momentum also turned down, and price slipped back under EMA50. This suggests continuation lower after a relief bounce.

🔻 Short Entry: 137.5 – 139.5 (bounce into EMA20 / previous intraday supply)

🎯 Take-Profit Targets:

TP1: 133.5 — 1H local support

TP2: 129 — Lower Bollinger Band (4H) + previous wick zone

🛑 Stop-Loss: ❌ 141.8 – 142.3 (above 1H supply + BB midline)

Risk:Reward: ~1:2+

⚠️ Risk Factors

RSI nearing oversold → small bounce expected before continuation.

If SOL reclaims 142+, structure shifts neutral and short setup invalid.

Correlation with BTC volatility remains high.

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