Feeling kinda nervous about $SOL while everyone's celebrating. Not a good sign.
Buy fear, sell greed. Simple rule. And with $SOL? We're swimming in greed right now.
$SOL broke out from its rising wedge pattern. Looks bullish at first glance. It's approaching major resistance though. Something feels off. Reminds me of those fake breakouts I've seen throughout 2025. The crowd rushes in. They're excited. Meanwhile, smart money quietly heads for the exit.
These rising wedges... they're tricky. They create these explosive moves that seem positive. Grab liquidity. Trigger stops. Then crash. Hard. Most people never see it coming.
I've noticed something about 2025's market. Breakouts need volume confirmation. Without it, retail traders get trapped chasing momentum. $SOL's chart looks weirdly similar to previous fake breakouts that ended badly.
This view isn't popular now. That's precisely why it matters. When everyone thinks the same way, opportunities appear for those willing to look elsewhere.
Nothing's certain here. Just my thoughts based on patterns and psychology. Do your homework.
If this makes sense to you, follow for more takes that swim against the current. No sheep here - just charts and independent thinking 🌕
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Going My Own Way on $SOL Right Now 🚀
Feeling kinda nervous about $SOL while everyone's celebrating. Not a good sign.
Buy fear, sell greed. Simple rule. And with $SOL? We're swimming in greed right now.
$SOL broke out from its rising wedge pattern. Looks bullish at first glance. It's approaching major resistance though. Something feels off. Reminds me of those fake breakouts I've seen throughout 2025. The crowd rushes in. They're excited. Meanwhile, smart money quietly heads for the exit.
These rising wedges... they're tricky. They create these explosive moves that seem positive. Grab liquidity. Trigger stops. Then crash. Hard. Most people never see it coming.
Where might $SOL go? I'm thinking:
TP1: 232 (RETEST)
TP2: 211 (Wedge support)
TP3: 187
TP4: 161
TP5: 134
SL: 288
Might take 2-4 weeks to play out. We'll see.
I've noticed something about 2025's market. Breakouts need volume confirmation. Without it, retail traders get trapped chasing momentum. $SOL's chart looks weirdly similar to previous fake breakouts that ended badly.
This view isn't popular now. That's precisely why it matters. When everyone thinks the same way, opportunities appear for those willing to look elsewhere.
Nothing's certain here. Just my thoughts based on patterns and psychology. Do your homework.
If this makes sense to you, follow for more takes that swim against the current. No sheep here - just charts and independent thinking 🌕