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$SOL is preparing to build a short position. The market structure is clearly bleeding now; the shorts have basically taken control of the pace. You can watch for a continuation lower toward the next support.
For entry, you may look around 76.11 to 77.4. On the downside, target 73.45 and even 70.81. Place the defense around 79.72. Also, $SNDK and $SKHYNIX currently are also thinking mainly bearish.
But be sure to watch the risks: if the 75.50 support holds, there could be an RSI-driven quick rebound. Everyone, don’t go all-in—manage your position size based on your own account.