$SOL USDT – Market Just Played a Trap? Let’s Read the Chart 🔥
SOL was moving inside a rising channel and everything looked bullish at first 👀📈. Price respected the trendline multiple times and even pushed towards the upper zone near 148–150. But what happened next is important ⚠️
👉 Sharp rejection from the channel top
👉 Strong bearish candle breaking the lower trendline
👉 High volume spike during the drop 📊
👉 RSI crashed deep into oversold territory (single digits!) 😱
This clearly shows distribution + stop-hunt. Smart money took liquidity above, then dumped price aggressively. Right now,
$SOL is trading around 133, which is a key reaction zone.
🔎 What the chart is saying now:
• Short-term trend is weak / bearish
• Momentum exhausted → bounce possible 🔄
• If 130–129 holds, we may see a relief move back towards 138–142
• If support fails, deeper correction cannot be ignored 📉
This is not panic time — it’s decision time 🧠
Market never moves in a straight line. Corrections are healthy, but chasing trades emotionally is dangerous.
📌 Key levels to watch:
Support: 129 – 130
Resistance: 138 – 142 / 148
⚠️ Always wait for confirmation. Manage risk.
This is not financial advice — trade only at your own risk.
💬 What do you think?
Is this just a healthy correction before the next leg up 🚀
or are we heading for more downside first?
#MarketRebound #BTC100kNext? #StrategyBTCPurchase #USDemocraticPartyBlueVault #CPIWatch $SOL