#SolanaMemeHypeReturns Solana's bounce is a textbook trap—$SOL /USDT is primed to plunge.
$SOL - SHORT
Trade Plan:
Entry: 123.571031 – 124.028969
SL: 125.173814
TP1: 122.426186
TP2: 121.968248
TP3: 121.052372
Why this setup?
• 4H chart signals a SHORT with 75% confidence.
• Daily trend is bearish, reinforcing the downtrend structure.
• Price rejected at the 1H EMA resistance of 123.8, confirming weakness.
• RSI on the 15m is neutral at 41, offering room for a drop.
Debate:
Is this the final shakeout before SOL hits TP2 at 121.97, or will the bulls stage a surprise reversal?
$SOL - SHORT
Trade Plan:
Entry: 123.571031 – 124.028969
SL: 125.173814
TP1: 122.426186
TP2: 121.968248
TP3: 121.052372
Why this setup?
• 4H chart signals a SHORT with 75% confidence.
• Daily trend is bearish, reinforcing the downtrend structure.
• Price rejected at the 1H EMA resistance of 123.8, confirming weakness.
• RSI on the 15m is neutral at 41, offering room for a drop.
Debate:
Is this the final shakeout before SOL hits TP2 at 121.97, or will the bulls stage a surprise reversal?
