Everyone is still piling into SOL longs around 93—but smart money may already be leaning the other way.


$SOL /USDT – SHORT IDEA
Trade Plan: Entry: 93.13 – 93.25
SL: 93.98
TP1: 92.60
TP2: 92.20
TP3: 91.61
Why this setup? The 1D structure is still range-bound rather than a clean uptrend, so momentum follow-through is weak. On the 4H, RSI hovering around 42 reflects fading bullish strength instead of continuation. Meanwhile, 1H ATR is compressing, which often comes before a sharp expansion move—favoring a downside shakeout in this case.
Entry is positioned around 93.19, aiming for a high-probability rejection zone. First target at 92.60 sits as the initial liquidity sweep area before any deeper move.
Key question: Do you think this breaks down toward 92.20 cleanly, or does price run above 94 first to trap shorts before reversing?
$SOL ‌#GateSquareMayTradingShare
SOL0.96%
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