7.23$SOL Enter near 77.5-78 on the Silk Road, stop-loss at 78.5. First target 76.8, second target 76.2.

Yesterday, the pullback just hit the upper edge of the resistance zone, and then it went up and came right back down the same way.

The bulls worked all day, but still couldn’t carve out even a decent breakout.

The 77.5-78 range remains a short-term sell-pressure zone; today we continue to wait for a drop at this level.
Stop-loss at 78.5—tighter than yesterday. The logic is simple: if price stands above this area again, the short-term bearish momentum gets cut off.

First look for 76.8 on the way down. This level is the prior low on the hourly chart; if it breaks, then look at 76.2.

As always:
Repeatedly probing resistance at higher levels—if it fails to break, it’s basically handing positions to the bears.
Don’t get fooled by intraday pullback bounces. 7.23$SOL