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SOL last frenzy for longs? RSI reveals high-level trap.
$SOL /USDT - SHORT
Trade Plan:
Entry: 78.76 – 79.06
SL: 80.35
TP1: 77.83
TP2: 77.11
TP3: 76.04
Why watch this structure?
- 15-min RSI at 67.54, nearing overbought zone; 4-hour trend is bearish.
- Daily range is choppy; current level around 78.91 is exactly the bear defense line.
- Why now? Low-volume pump at highs, probability of a trap > breakout.
Discussion:
Will it hit TP2 (77.11) first or stop out at SL (80.35) directly?