⚠️ $SOL Beware of the "whale trap" above the 92 level! 🛑🔍
There is a hidden movement happening now on the 4-hour chart for $SOL , and it's important to understand it before you fall into the trap.
What some think is a "beginning of an upward trend" may actually just be "liquidity withdrawal"! ⚔️
💡 What happened behind the scenes?
1. The false breakout: the price rose above the previous peak ($92.50). Many thought it was a real breakout and bought, but the "smart money" was selling to offload their quantities. 🐳
2. Structure change: once the liquidity was withdrawn, the price quickly returned and broke the support levels ($91.50).
This is technically called a "market structure change" from bullish to bearish. 📉
3. Downward magnet: there are "price gaps" (FVG) directly below us, acting like a magnet pulling the price down to fill them.
🎯 Watch levels:
- Ideal selling area: between $91.60 and $93.50.
- Targets: we are waiting for a drop towards $85, then $80, and we may reach $76. 🎯
- Safety: stop loss above the level of $93.60.
Tonight's advice:
Do not chase the impulsive green candles; they are often a "bait" to catch retail traders. Trade with the whales, not against them! 🛡️