SOL Faces Another Leg Lower — Bounce or Bull Trap?
$SOL /USDT — SHORT SETUP
Trade Plan
Entry Zone: 93.79 – 94.61
Stop Loss: 96.67
TP1: 91.73
TP2: 90.90
TP3: 89.26
Oversold RSI on broader timeframes
Many technical aggregators show Solana’s RSI in deeply oversold territory (below ~30) — a typical sign of exhaustion rather than a sustained trend reversal. Oversold does not always mean price will bounce sharply — it can fuel a continuation sell-off as shorts add on rallies.
SOLUSDT
Trajne ter. pog.
92.46
-5.83%