$SOL
1. Reset before the drop (short scenario is still alive):
• Price has entered resistance at $149–150
• Cannot break $150 for a long time
• Candles on 15m and 1H — with upper wicks
• Volumes are low — buyer is weak
• RSI on 1H — around 65–67, pressure from above
→ All of this indicates that this could just be a “liquidation” of weak shorts, and a pullback may follow
⸻
2. Consolidation (potential long):
• If SOL closes a 1H or 4H candle above $150.5–151 with volume
• If RSI does not drop but continues to rise
• If volume goes up on purchases
→ Then this will not be a reset but the beginning of consolidation, and it's better to cancel the short
⸻
Currently, Solana is more inclined towards a reset than consolidation — but confirmation is still lacking.
We are monitoring the reaction at $150–151. If a bearish candle appears — this is a signal that the downward reversal scenario is activated.
