Well said👏🏼👏🏼 | AbdulazizFAM on Binance Square

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Current 4hr candle is a week candle or a rejection candle. This candle = bounce attempt, not recovery Smart money knows this is exit liquidity, not a buy signal. Dont FOMO guys

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$SOL just spiked from $164.5 to $169 — but let’s be clear: This is not a trend reversal. This is a minor bot-triggered bounce off local support. Volume is reactionary — not momentum-driven. Until $SOL breaks above $172 with strong volume, this move is just a blip — not a breakout. Wait for $155–160 to re-enter. No need to FOMO into short-term noise. Patience > chasing.

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In the last post, we broke down why $SOL was likely to retest $150–160. Today, the market is beginning to confirm it. Here’s what’s unfolding: • Around 39 million SOL were bought at $175–180. Those holders are now breakeven or slightly down — they’re likely to sell. • About 8 million SOL were bought at $189–191 — those wallets are now clearly underwater, and pressure is rising to exit. • Volume remains high, but instead of breakout continuation, price is falling — this is typical distribution, not momentum buying. • $SOL has failed multiple times to break above $190. Now sitting below $170, it’s showing signs of fading strength. No panic yet — but structure is weakening. If $SOL loses $160–165 support, the next stop is likely $150–155, or even $140. I’m not here to advise anyone. But personally, I wouldn’t buy here. This setup favors sellers — not buyers.

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Read before acting on SOL Why I Think SOL Is More Likely to Retest $150–160 On-chain data shows a clear picture of where most SOL is held — and what that likely means for price action: • 📍 ~39 million SOL was bought between $175–180 → holders are near breakeven • 📍 ~8 million SOL was bought at $189–191 → currently at a loss, potential panic sellers • 📍 ~44 million SOL between $145–157 → sitting on profits, likely to sell into strength That’s a lot of supply above and a lot of incentive below to take profit or exit on any bounce. I’m not advising anyone here — but personally, I’d never buy in this zone. Everything signals that volume is more likely to flow into sell pressure, not new buys.

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