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Everyone is bearish on SOL — but the 4H data just flipped LONG at 84% confidence.
$SOL /USDT - LONG
Trade Plan:
Entry: 68.89 – 69.57
SL: 64.99
TP1: 72.41
TP2: 74.54
TP3: 77.72
Why this setup?
• RSI on 15m is oversold at 40.45 — classic reversal zone.
• Entry zone 68.89–69.57 aligns with 1H support pivot.
• 1D trend is bearish, but 4H momentum is breaking the downtrend locally.
• Why now? ATR shows volatility compression — breakout to TP1 72.41 likely within 2–4 candles.
Debate:
Is this a fakeout trap before 65 or the start of a real squeeze to 77?