🚨 $300M REKT: Is $SOL Crashing to $65?
Are you longing this bounce or setting your buy orders at $65?
SOL
83.08
-5.29%
Don't let the small recovery to $86 fool you yet. The weekly chart has confirmed a nasty Head-and-Shoulders pattern, and the technicals are screaming caution... be careful
The bulls just got punished. Over $300M in long positions were wiped out in a massive flush, with one single trader losing nearly $7M near $73.
📉 The Setup:
Critical Resistance: $89.61 (We need to reclaim this to cancel the bearish setup).
The Danger Zone: If we lose $80 support, the gates open for a flush straight down to $60 - $65.
The leverage flush is done, but the trend is shaky.