Is the SOL rally losing momentum? The 90 level is wavering and on the verge of falling. Beware of this "false rebound" that could bury you!

SOL’s rally stalls? The 90 level teeters on the brink of collapse, beware of this “false rebound” that could bury you! Brothers, the recent market movement on May 14 really makes people feel uneasy. Watching SOL hover at 90.68, many might still be dreaming it could surge past the 100 mark, but I advise everyone to hold back that impulse for now. From the latest market logic, this looks more like the bulls’ last gasp.

📉 Market reflection: Is it a trap for more buyers or distribution?

Four-hour timeframe: Let’s take a close look at this chart. SOL on the 4-hour cycle has already shown clear signs of fatigue. Although there was a previous surge, the moving averages are now showing signs of a death cross at high levels. Especially, the MA50 and MA100 are forming heavy resistance above, and the current rebound more resembles a “dead cat bounce” driven by short covering. The price repeatedly touched above 91 but was ruthlessly pushed back down, indicating extremely strong selling pressure above.

One-hour timeframe: The short-term looks even worse. In the technical indicators, RSI has fallen into the weak zone, and MACD is struggling below the zero line. More painfully, the current volume and price are completely disconnected—price slightly rises, but volume shrinks. This kind of “shrinking volume rebound” is a classic trap for technical traders—any slight shake in the market, and high-elasticity coins like SOL will be the first to lead the downward charge.

Exclusive view: Don’t be fooled by the red candles for a moment. The current 90 level is more like a “castle in the air,” with weak support below. Everyone is waiting for 100, but the main players often take the opportunity to reverse when consensus is strongest. I think today SOL will undergo a violent shakeout downward, testing support at 88 or even lower, to wipe out those leveraged longs chasing high.

🚀 SOL/USDT current price bearish strategy Go with the trend, we will reverse into this resistance level, following disciplined execution:

Open position direction: Short

Market order entry: 90.68

First take profit: 89.77

Second take profit: 88.87

Hard stop-loss: 92.04