It’s Saturday night. The market looks asleep, but the on-chain data is screaming.
While retail traders are out, the leverage on Solana ($SOL ) has hit a critical tipping point. Shorts have been piling in all day, betting on a quiet weekend bleed. They are about to get trapped.
We are seeing a classic "low volume coil" right under key resistance. When this breaks, it won't be a slow climb—it will be a violent vertical candle as late shorts are forced to market-buy to cover.
The 12-Hour Setup 🌙
The Trigger: $SOL is compressing tightly against the [Insert current resistance level, e.g., $142.50] zone.
The Fuel: Funding rates are turning negative while open interest is rising. This is the exact recipe for a squeeze.
My Overnight Scalp Plan:
This is a quick "hit and run" trade for the night crew.
🟢 Entry: I am setting a Buy-Stop order just above current resistance to catch the breakout momentum instantly.
🚀 Target: A quick 5-8% pump to clear out the weekend high liquidity. Take profits aggressively.
🔴 Stop Loss: Tight. If it fakes out and drops back into the current range, cut it immediately.
Who is up trading this Saturday night?
👇 Drop a 🌙 emoji in the comments if you are awake and ready to catch this squeeze!