The current price action on $SOL
SOL
82.49
+1.11%
is looking like a textbook bear trap.
While panic selling picks up, patient money is simply waiting for a liquidity sweep just below $88. The RSI isn't fully oversold yet and downward momentum is visibly slowing down, meaning late short sellers are stepping into a very dangerous, high-risk zone.
We will likely see one final flush to clear out the remaining weak hands right before a sharp reversal. Most traders won't spot this setup until the bounce is already playing out in hindsight. Stay patient and watch the levels.