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$SOL looks like it’s about to make a very big decision.
We’re sitting right at 81.91 and honestly, the chart is looking a bit heavy. After that failed push toward 97, we’ve just been making lower highs. It feels like the market is testing the buyers' patience here.
The 79 to 80 area is the line in the sand. If we lose that support, things could get ugly fast down toward 75. But if you look at the recent wicks, there’s still some demand jumping in every time we dip below 80.
I’m watching the volume closely because it’s drying up. Usually, that means a big move is loading. I'd rather wait for a solid bounce or a clean break before jumping in.
Are you guys bidding this dip or waiting for lower?
#GateSquareAprilPostingChallenge