🐻 $SOL — Don’t Confuse a Bounce With a Reversal
SOLUSDT (Perp) | 123.26 (-1.07%)
$SOL dumped hard — and this is NOT a buy-the-dip zone yet.
Yes, a bounce can happen…
But it looks like a resistance retest, not trend reversal.
🧠 “It fell too much, it must go up”
📉 Markets punish this thinking every time.
🔍 Chart Reality
✅ Key support broken
✅ No buyer defense
✅ Below all major EMAs
✅ Weak volume
✅ Bears in control
Pullback possible.
Continuation upside? Very limited.
📊 Trade Plan (Educational)
Bias: Bearish 🐻
Entry: 124.98 – 125.20
SL: 125.62
🎯 TPs:
• 122.37
• 121.03
• 118.59
📌 Trade with patience, not hope
📌 Risk management first
⚠️ Just because price drops fast
doesn’t mean it pumps fast 😉
Trend > Feelings
SOLUSDT
Perp
79.63
-2.24%