🟢 $SOL breakdown zone - smart money trap or deeper flush incoming? | My full market view
Sol hangin around $185, feels like that quiet moment before something breaks. The chart looks heavy, forming this clear descending triangle where price keeps hittin lower highs and sittin right on that same support near $178–180. That zone been tested too many times, and each bounce just looks weaker now.
Candles are tellin the story too — small bodies, long wicks on top, buyers push but can't hold it. It's that tired kinda bounce, like market losing breath. Volume also fading which means no real conviction from bulls rn.
Money flow still in red, large wallets sold more than they bought again. And margin traders... yeah they keep goin long like it's free money. Long-short ratio above 1.3, which usually means one more flush comin to wash them out before any real bounce starts.
If $178 cracks, it might be fast. There’s liquidity sittin below, and next solid demand pocket sits around $170–172. That's where I think smart money steps back in, not before. A quick drop there with sharp reclaim could be that fakeout bottom that shakes out the weak hands.
But if bulls somehow push over $190 again and hold it on close, then we flip bias short term — opens clean shot at $200–205.
😺 My take: $SOL in that tricky trap zone. It's not bullish, not dead either. I'm not touchin till I see how it reacts near $178. Fakeout below that, I start lookin to load between $170–175. If it loses that too, step aside n let it bleed a bit more. Market feels like it wants one last shake before the next leg up.

