Have you noticed how retail traders keep getting chopped up trying to chase breakout candles instead of reading structural price compression?
Most people buy right at local resistance and end up holding heavy bags the moment momentum stalls. Missing the real entry often turns a simple trade into unnecessary losses.
Take a look at the recent price action on $SOL as a clear case study. Price initially pushed from 98.33 up to 100.26 before pulling back to 99 and holding firm around 98 instead of dumping. That brief dip down to 97.36 was just a classic liquidity sweep before the surge straight to 105.77.
After touching 105.77, the retest back down to 100 completed the structural reset. While broader attention stays fixed on major flows in $BTC and $ETH, this slow grind through 103 to 105 is building genuine momentum toward 107. If price accelerates too aggressively into the 108 to 109 zone on sudden volume spikes, that exhaustion push likely marks the end of this leg.
Where do you think this sequence tops out?
#Solana #CryptoTrading #PriceAction
Most people buy right at local resistance and end up holding heavy bags the moment momentum stalls. Missing the real entry often turns a simple trade into unnecessary losses.
Take a look at the recent price action on $SOL as a clear case study. Price initially pushed from 98.33 up to 100.26 before pulling back to 99 and holding firm around 98 instead of dumping. That brief dip down to 97.36 was just a classic liquidity sweep before the surge straight to 105.77.
After touching 105.77, the retest back down to 100 completed the structural reset. While broader attention stays fixed on major flows in $BTC and $ETH, this slow grind through 103 to 105 is building genuine momentum toward 107. If price accelerates too aggressively into the 108 to 109 zone on sudden volume spikes, that exhaustion push likely marks the end of this leg.
Where do you think this sequence tops out?
#Solana #CryptoTrading #PriceAction
