$SOL Update 👀


SOL is still moving higher, but this looks more like a relief rally inside a bigger bearish structure than the start of a new uptrend.
Price is approaching a major resistance zone around $76, where liquidity is likely sitting. A push into that area could trigger a short squeeze before sellers step back in.
Right now, the move feels more like a liquidity hunt than a true breakout. If SOL gets rejected from this resistance zone, I’ll be watching for a move back toward the lower range around $72-$68.
For now, I'm staying cautious. The setup still favors the bears unless SOL can convincingly break and hold above resistance.
SOL-0.19%
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