🚨 Observing a clear Bearish RSI Divergence on the 4H chart for $BYBIT:SOLUSDT.
While the price made a higher high, the RSI showed a lower high, indicating weakening bullish momentum.
🟣 RSI is now trending down and currently around 46.
💡 I'm waiting for RSI to approach the 30 level (oversold zone) before considering a long entry.
🎯 No rush to buy — I prefer to wait for confirmation and a better risk-reward zone.
📅 Timeframe: 4H
📍 Plan: Waiting for RSI near 30
✅ Staying disciplined and avoiding emotional entries.
🧠 Let the setup come to you. Don’t chase the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.