$SOL ‌ looks like it’s setting a trap and most people are going to fall for the wrong side of it.

We just had a bounce off that $79 support level which was pretty much the last line of defense for the bulls. Sitting at $81.77 right now but the price action is still looking heavy. We’ve been putting in lower highs for a while and that $84.23 resistance is acting like a brick wall.
Volume is decent but we need to see a much stronger push if we want to reclaim the $89 range. If we can't flip $84 into support soon then another test of the mid 70s is probably on the cards. It feels like we're just ranging here while the market decides where to go next.
I'm staying on the sidelines for a bit until we get a clear breakout or a deeper flush. Don't let these small green candles fool you into over-leveraging.
Waiting for a high volume candle to confirm the move. Better to be late than wrong.

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