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$$SOL 77.18 has already stabbed into 76.24's ribs, down 6% in 24 hours. The leveraged longs in my group are all chain-smoking in the bathroom right now.
Liquidity is thin as coffee grounds at the bottom of a cup on a Monday morning, but the 7-level is the cost line the market maker has drawn, waiting for you to jump in. Scenario script: if it drags back to 78.6 before dawn and stabilizes, it means the 82.7 level was just a fake-out after a trap-and-sell setup, and there'll likely be a vengeful bullish candle back to 82 after daylight. But the scariest thing is if 76.2 gets broken again tonight — that would declare all positions above 78 as trapped zones, and the next stop would be 72.5 for support, first blasting longs then shorts.
The operation is simple: entering long now must use a hard stop at 76.1, target only 78.6–79.2, and set a 1/3 profit stop at 80.8 for the remainder. If it breaks 76.1, go short, first target is 74.3, with half position on breakeven stop. Position size should not exceed 20%.
This message has a 3-hour countdown — if it doesn't exit the 76.8–77.8 range before 5 AM USDT settlement ends, the direction will grind until daytime. Are you betting it will stubbornly hold the 76.2 double bottom, or like me, waiting for the breakout to pick up blood chips? Comment with a blind guess: press 1 if you bet it won't break 76.1 before dawn, press 2 if you bet it will continue to probe. I have no stance, I only listen to what the order book tells me.