$SOL is compressing into a ceiling — if it fails, it can slide hard. 🔴
$SOL - SHORT
Trade Plan:
Entry: 81.049 – 81.546
SL: 82.789
TP1: 79.806
TP2: 79.309
TP3: 78.315
Why this setup?
SOL distribution leg setup on 4h, using the 1D as a bearish-context to prioritize location. Working area: (81.049-81.546) (mid ~ 81.298). ATR 1H: 0.994 (~1.2% of price) → controlled volatility. RSI 15m: 52 → momentum allows downside to develop
As long as price respects 88.732 (invalidation), the first objective is 79.806 (~1.8%). RR to TP1 is ~0.20. If momentum extends, 78.315 becomes the stretch target (~3.7%), with RR ~0.40. Any sustained acceptance beyond 88.732 invalidates the thesis.
Debate:
Is this a controlled drop into 79.806, or a deeper unwind to 78.315?
Trade here 👇 and comment your bias!

