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$SOL Signal】Short | 1H False Breakout Confirmed, Selling Pressure Emerging
$SOL 1H level rallied and fell back, the upper wick precisely tested the 88.6 resistance and was quickly hammered down, a typical bull trap. 4H level continuously printed long upper wicks, showing heavy selling pressure above and exhausted bullish momentum.
🎯Direction: Short
⚡Entry/Pending Order: 87.80 - 87.90 (near current price)
🛑Stop Loss: 88.65 (above previous high)
🚀Target 1: 86.20 (previous low support)
🚀Target 2: 85.20 (4H EMA50 and previous platform)
🛡️Trade Management:
- Execution Strategy: Reduce positi