$SOL Heavy Against The Ceiling — Compression About To Snap? 📉. MARKET UPDATE 🚨
$SOL is trading heavy right under a major supply ceiling.
Every bounce attempt is getting absorbed. No follow-through. No expansion.
Momentum is thinning out.
Buyers push → supply smacks it back down.
Upper wicks keep stacking. Liquidity keeps getting taken.
This isn’t strength — this is distribution behavior.
We’re sitting inside a tightening compression range while volume confirms lack of real interest at higher prices. That usually resolves aggressively.
And right now, structure favors downside. 📌 Trading Plan (Short Setup)
Entry: $80.60 – $82.12
Stop Loss: $85.50
Targets:
🎯 $76.00
🎯 $72.50
🎯 $68.00
Risk is clearly defined.
If we impulsively reclaim recent highs, the thesis is invalidated. ⚠️ Risk Warning
This is a high-volatility zone.
• A sudden strong reclaim above $85.50 kills the short thesis
• Fake breakdowns can occur before the real move
• Never overleverage — protect capital
• Manage position size
Trading without risk control = gambling.
Structure decides. Not emotions.
Watching closely for the floor to give way.
If bids vanish, this accelerates quickly.
Short $SOL 👇
Comment “SOL” if you’re tracking this move.
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