SOL | Short 🔴 | Bearish | 15m 24h: -4.97% | Volume: 1981.4M USDT. Reasons to short: Price below EMA200; EMA20/50/200 in bearish alignment; RSI14 at 31.4; MACD histogram negative; ADX14 at 35.9; volume at 1.26 times the 20-candle average; trend pullback/continuation. Entry: 77.35 Stop-loss: 78.5534 Take-profit 1: 75.8457 | Take-profit 2: 74.9431 | Take-profit 3: 73.7397 Entry price is for reference only; do not chase price. This strategy is invalidated if the stop-loss level is reached. Technical analysis only; not financial advice. $SOL

I. The unlock schedule is fixed, so this is not an unexpected event. Three Pump.fun team or early investor wallets transferred 1.46B $PUMP to Coinbase Prime this month, worth about $5.01 million. These three addresses were allocated a total of 70 billion tokens, which have unlocked monthly since July. They also transferred about 1.46B tokens last month. II. Valuation down 30%, selling pressure unchanged. The same batch of tokens was worth $7.58 million last month, versus $5.01 million this time, a decrease of $2.57 million. The quantity is unchanged and the value is lower, showing that the selling activity remains the same, just at a lower unit price. III. The recipient is Coinbase Prime, not the spot order book. The entire batch is going through custody and OTC channels, so it won't directly hit the order book in the short term, but the tokens are waiting off-market to be absorbed. Funding conditions in the $SOL ecosystem will also be affected, and without fresh capital from $BTC , it will be harder to absorb. Watch: PUMP-USDT, SOL-USDT, BTC-USDT, ETH-USDT

For the past week, I kept thinking I was buying the bottom. Turns out I was buying halfway up the mountain$SOL ‌