📌 $SOL /USD – WILL THIS BREAKOUT EXPLODE OR TRAP THE BULLS?
Solana is squeezing inside an ascending triangle and just tapped the major resistance at $142.69. But the real question isn’t “what happened” — it’s what’s about to happen.
🧠 Critical Questions Every Trader Should Be Asking Right Now:
1. Is this breakout strong enough or just a liquidity hunt?
2. Will sellers dominate near $143 or will bulls push through?
3. Are whales quietly unloading at this resistance?
4. Could we see a pullback to the $138.00 support zone?
5. Is RSI showing signs of bearish divergence?
📊 Trade Setup (Short-biased idea):
Entry Zone: 141.30 – 141.50
Resistance: 142.69 (Strong Supply Zone)
Stop Loss: Above 143.10
Target: 138.20
🔍 Market Outlook:
Momentum is slowing near key resistance. A fakeout and reversal are possible unless buyers show strong volume confirmation. Watch closely — this is where smart money makes its move.
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