Most traders are already calling this a “dead bounce” on $SOL… but that’s usually where things get interesting.
Price has been trending down cleanly, sweeping liquidity below $82 and tapping the 4H demand zone. Notice how selling momentum is slowing near previous lows — that’s often where smart money starts quietly positioning, not chasing.
The key isn’t guessing reversal… it’s watching if price reclaims short-term structure around $84–85. If that happens, late shorts may get squeezed.
Trade Setup:
EP: 83.2 – 84.5
TP1: 86.3
TP2: 88.9
TP3: 91.5
SL: 81.2
Takeaway: This isn’t strength yet… but it’s no longer clean weakness either.
Sometimes the shift starts where conviction fades.