🔍 SOLUSDT Market Breakdown – Smart Money is Setting the Trap

🗓️ June 4th – Pre-London Session Analysis

📌 Context Recap:

Asia Session: Engineered a pump from 154.08 to 157.56 → classic liquidity grab.

Bearish Engulfing Candles printed on 6H, 8H, confirming distribution.

Price now hovering at key resistance without real follow-through.

📉 Smart Money Signals:

Funding Rate ↑ but Volume ↓ = Retail longs are piling in, but Smart Money is not participating.

Open Interest ↑ = New leveraged positions added → ripe for liquidation.

Volume divergence = Trapped longs likely to be punished during London or NY.

📊 Key Levels to Watch:

🟥 Resistance: 157.6 / 158.4 / 160.2

🟩 Support: 154.0 / 150.5 / 147.8

EMA squeeze on 5M/15M shows volatility loading.

⚠️ Expectations Into London:

Scenario 1: Fake pump into 157.8–158.4, then dump → short trap confirmed.

Scenario 2: Sweep 154 again, bounce with power → squeeze to 160.

🎯 Trade Bias: SHORT

Entry: 156.5–157.8 (wait for rejection)

SL: Above 158.5

TP Zones: 154.0 → 150.5 → 147.8

📌 Summary:

Retail is bullish. Smart Money is quiet. Watch for the trap springing open during London.