SOL: Has the uptrend ended and a correction started?
After it recorded a new local high at $SOL and tested a key resistance zone, clear signs of weakness began to appear, along with a decline in buying momentum.
As shown on the chart, the price failed to hold above the red zone **$122 - $123**, which is a strong resistance area—pushing us to expect a downward corrective move.
The expected scenario:
I expect a deeper correction in the coming period, with its targets being: 1. Target 1: $116 2. Target 2: $113 This scenario will remain valid unless the price closes a daily candle above **$123.1**, which would serve as a stop-loss for the bearish scenario.
$RIVER 🔥🔥$RIVER - The same trap repeats.. $1.184 peak, 2M sell-off, and now a break below $1.11!🔥🔥
$RIVER $0.96 on the 19th with 3M+ volume, then a strong rise to $1.18 on the 22nd with 2M+ buy volume.. But the last candle is a long red one with 2M sell volume = distribution at the peak. The price is now $1.113, exactly at fair value of $1.112, and has broken the important $1.13 support. Current volume is 499K, with selling pressure beginning. The uptrend that started on the 19th is beginning to break.
$龙虾 - Down 92% in a month and broke below $0.0182... Is the game over?
$龙虾 fell on the 19th from $0.026 to $0.018 in a vertical candle with 500M+ volume, which means heavy selling. It tried to rebound to $0.024 on the 20th but failed, with another 500M in volume = another sell-off. Now at $0.01907, down 10.26%, it broke below $0.020 and is trading at a 24-hour low of $0.01820. The numbers speak for themselves: down 38% in 7 days and 92.11% in 30 days... a coin that keeps weakening.
🔥🔥$SPCX - Fake SpaceX stock surges to $166, then crashes -12%.. 🔥🔥
$SPCX was dead between $144 and $149 from the 17th to the 20th, with boring consolidation. Then it exploded on the 21st from $144 to $166.00 on 12M+ volume, followed by 3 consecutive days of distribution with increasing selling volume down to $143.80 — a -13% crash from the peak. The price is now $147.61, down -6.29%, and has broken below fair value at $147.53. Today's volume is 441K, with clear selling pressure. The uptrend that began on the 21st has broken with a long candle.
🔥🔥$XMR - $661 peak, heavy sell-off -5%... Is the annual 96% rally over?🔥🔥
$XMR is up 96.10% over the past year, but it made a new all-time high of $661.97 on the 22nd on volume of 100K+, followed by two consecutive candles with 80K in selling volume. The plunge from $661 to $586.08 means -11% in a matter of hours. The price is now $597.47, right at fair value. It broke support at $605, and the uptrend that began on the 17th has broken. Today's volume is 34K in red = sellers are applying pressure.
💥 $BIRB - Exploded to 0.066$ on 500M volume, then dumped -19%.. Is the show over?
$BIRB was weak at 0.045$ - 0.050$ from the 17th to the 20th, with boring accumulation and zero volume. Then came an explosion on the 21st, from 0.050$ to 0.06600$, with a vertical candle on 500M volume (+30%), followed by a violent dump over 3 consecutive candles to 0.05038$ on 300M volume.
The price is now 0.05348$, down -3.12%, and is trying to hold above 0.0534$. Today's volume is 12.85M, extremely weak compared with peak volume = no new buyers. Down -22.94% over 30 days, and the coin is weak.
🚀🚀🚀 $BTR - Surging +42% on 1.26 billion in volume... 🚀🚀🚀
$BTR had been weak, ranging between $0.042 and $0.046 from the 17th to the 22nd, with boring sideways accumulation and low volume. Then it exploded today, with a giant green candle rising from $0.04255 to $0.06717 on frenzied volume of 1B+ — up +42.38%! The price is now $0.06349, above the fair value of $0.06338. Up +30% over 7 days and +275% over 90 days — the coin is in a strong uptrend.
$DYDX 💥💥$DYDX - The $0.1240 trap is complete, followed by a -6.25% collapse... The $0.1126 bottom is at stake!💥💥
$DYDX is down 65% in a year, and the same scenario repeats every time. It dropped to $0.1080 on the 19th amid a hysterical 9M in selling volume, then staged a fake rebound to $0.1240 on the 22nd on just 4M in weak volume = a rally with no buyers. Now $0.1140 has broken all support, and daily selling volume of 28.58M is higher than buying volume. The price is exactly at fair value, which means there is no defense. 7 days: -10.66%
$XLM $XLM - The $0.1860 peak is a trap, with $50M in distribution... Will we see $0.17?
$XLM rose from $0.175 on the 20th to $0.1860 on the 22nd on explosive buying volume of 100M, then plunged vertically by -5.05% to $0.17528 today amid sustained selling volume of 50M+. The price is now exactly at the low of $0.17394 and at fair value of $0.17527. The uptrend that began on the 20th has broken with a long red candle. The 30-day performance is -18.87%, and the coin is weak.
$RIF 🔥🔥$RIF The $0.0782 peak is a trap, and the coin is returning to the flash low of $0.0721!🔥🔥
$RIF From $0.082 on the 17th to $0.0722 on the 19th, with 1.5M in selling volume, followed by a fake rally to $0.0782 on the 21st with 1.8M in volume—and it failed. Now at $0.0727, down 4.09%, after breaking the $0.0740 support on red volume; it is trading near the low of $0.0721. The 4-hour trend shows clear lower highs. Down 17.29% over 30 days, the coin is weak.
$BNT 🔥🔥$BNT - $0.294 then a trap at $0.318... Is the distribution over?🔥🔥
$BNT printed a low of $0.2940 on the 18th amid hysterical selling volume of 100K, then quickly bounced to $0.3180 on the 21st with buying volume of 95K = a fake V-shape for distribution.
Now the price is $0.3061, down -3.07%, with weak volume of 20.74K, consolidating above $0.3030. The 4h trend is neutral-to-bearish, having failed to hold above $0.3158.
$PONS $PONS - collapse -15% and the coin betrays us, falling from $0.297 to $0.247!
$PONS fell from $0.34 on the 17th to $0.244 on the 19th, with a crazy selling volume of 45M. Then came a fake rally to $0.297 on the 22nd, with a weak volume of just 18M, followed by a vertical collapse of -15.23% to $0.2476 now, with a volume of 5.25M. The price is below fair value and has broken all support levels. Down 26% in 7 days and 59% in 30 days.
$ROBO $ROBO - Peak at $0.0065: a 100M distribution trap, and now on the verge of $0.00587!
$ROBO has crashed 75% in 180 days, and the same scenario is repeating. A fake pump on the 21st took it from $0.0060 to $0.0066 on explosive volume of 120M, followed by an immediate 8.65% crash to $0.005949. The price is now exactly at $0.00587, and current selling volume of 19.58M is higher than buying volume, meaning sellers are still distributing.
$ESP 💥💥$ESP The 0.0907$ peak failed, and the coin is returning to the danger zone!💥💥
$ESP fell from 0.094$ on the 17th to 0.0818$ on the 19th–20th, forming a double bottom. It then climbed to 0.0907$ on the 22nd on high volume of 4M, but failed to break through and dropped -2.88% to 0.08645$. The price is now consolidating between 0.0845$ and 0.0875$ on dead volume of just 206K, indicating weak accumulation.
Trading plan: Trend: Neutral, with a downward bias
🔥🔥 $CRV - Peak at $0.4096, heavy selling and a -7.6% drop... Is the correction over? 🔥🔥
$CRV climbed from $0.3260 on the 19th to $0.4096 in a strong uptrend, but failed at $0.41 with a giant candle on 40M volume. The price is now $0.3640, almost exactly at fair value of $0.3639, and trading near the low of $0.3609. Volume is weak at 1.75M, meaning there are no buyers stepping in to defend it. The uptrend broke with a single candle.
🔥🔥 LIT/USDT - Surge to $3.98, then 10% sell-off.. 🔥🔥
$LIT surged from $2.80 on the 19th to $3.9850 on the 22nd on explosive volume of 20M, then immediately crashed -9.45% to $3.5654. The price is now below fair value at $3.5659 and trading at weak support of $3.56. Current volume is weak at just 1.94M, meaning there is no defense. The uptrend that began on the 19th has broken.
🚀🚀🚀$JST - 3 days of accumulation below $0.141, breakout is near 🚀🚀🚀
$JST After a 19% surge from $0.1330 to $0.1415 on massive volume (8M), the price is consolidating sideways between $0.1388 and $0.1409 on declining volume. This is accumulation, not distribution. 4H trend: Strongly bullish, with higher highs and higher lows, and the price above support at $0.1390.
$HOME 🚨🚨$HOME on the edge of $0.00490… a breakdown = a bloodbath🚨🚨
$HOME made a higher high than on the 17th, reaching $0.00530 on the 21st on high volume, followed immediately by a sell candle. This was a failure to hold. The price is now $0.00491, down 5.03%, and right on the edge of $0.00490. Every rise since the 19th has been on weak volume compared with the current sell-off volume (20M). This means sellers are applying pressure.
🔥🔥 $HIVE peaked at $0.0515, followed by heavy selling... Could we see $0.046? 🔥🔥
$HIVE formed a double top at $0.0515 on the 22nd and failed to break through, followed by a high-volume drop. The price is now $0.0490, down 4.48%, and trading at the $0.0487 support level. A break below it = a free fall. 4-hour trend: The fake rally is over, and sellers are back with a vengeance.
⚠️ TKO/USDT - The $0.0534 peak was a trap... and the price is back at the danger zone! ⚠️
TKO failed to break through $0.0534 and printed a strong sell candle on the 21st with high volume, followed by a 4.56% drop to $0.0502. The 4-hour chart shows the same scenario repeating: a rise without volume, followed by a drop on volume. The current support is $0.0496. If it breaks, we could return directly to the $0.0465 low.