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.