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This is exactly how they liquidate the retail traders.
$SOL is playing games again. We had a nice little bounce attempt but it got shut down hard near 86 and now we’re sliding back toward 81.50.
The price action is looking pretty weak on the 1D chart and that lower high we just printed is a bit of a red flag. If we can’t hold this 79 to 80 support zone, things could get ugly real fast.
Volume is definitely picking up on the sell side which tells me the big players aren't ready to buy this dip just yet. I’m waiting to see if we sweep those recent lows before I even think about a long position.
Stay sharp and don't chase the green candles in a downtrend.
Watching the 81.27 level like a hawk right now.
#GateSquareAprilPostingChallenge