Is it just me, or is $SOL looking like it’s stuck in a washing machine right now?
We’ve been bouncing between 86.40 and 89.20 for what feels like forever, and every time we try to make a run for it, the sellers just shut it down.
Look at those wicks on the top side—pure exhaustion.
Right now, we are sitting at 87.74, basically dead center of this range.
Volume is pretty mid, which tells me the big players are just sitting on their hands waiting for a real move.
If we lose that 86 level, things could get ugly fast, probably heading down to check out the 84 support again.
But if we can actually close a candle above 89, maybe we finally get some breathing room.
I’m staying out of the middle. Trading this chop is a great way to lose money on fees and paper cuts.
Waiting for a clear break or a dip to the extreme bottom of the range.
