SOL, five days after the breakdown — and the chart went quiet. Chopping 92 to 95, today at 95.0 with a 1.4% range.
Quiet isn't safe though. The 7D (97.2) and 99D (98.6) now sit right overhead, MA25 far above at 103 — full bearish stack, and this "rebound" hasn't even touched the shortest MA yet. Turnover $854M against $865M open interest, funding 0.01%: nobody's buying, nobody's selling, everyone's waiting.
Waiting for what? One of two closes. Back above 98.6 → the breakdown gets reclassified, repair mode toward 103/105. Lose 92.25 → the sideways drift becomes distribution, 90 then 85.
Inside 92-98, every wiggle changes your mood, not the outcome. The hardest discipline after a breakdown isn't shorting — it's refusing to trade the middle.
$SOL
(Personal trade journal, not financial advice. DYOR.)
Quiet isn't safe though. The 7D (97.2) and 99D (98.6) now sit right overhead, MA25 far above at 103 — full bearish stack, and this "rebound" hasn't even touched the shortest MA yet. Turnover $854M against $865M open interest, funding 0.01%: nobody's buying, nobody's selling, everyone's waiting.
Waiting for what? One of two closes. Back above 98.6 → the breakdown gets reclassified, repair mode toward 103/105. Lose 92.25 → the sideways drift becomes distribution, 90 then 85.
Inside 92-98, every wiggle changes your mood, not the outcome. The hardest discipline after a breakdown isn't shorting — it's refusing to trade the middle.
$SOL
(Personal trade journal, not financial advice. DYOR.)
