๐จ $SOL is forming a potential double top near the upper resistance zone.
Despite the recent market pullback, $SOL has been holding its structure better than $BTC, showing notable relative strength.
However, if the neckline breaks, that strength could disappear quickly. A breakdown may push SOL/BTC lower and open the door for a move back toward previous support levels.
A lot of retail traders are FOMO-buying right below a major resistance area, which could become a liquidity trap if the market decides to sweep late longs.
Price is approaching a significant supply zone, and the only thing keeping the move alive right now is strong bullish momentum. If that momentum starts to fade and we get clear rejection, a short setup could offer a solid opportunity.
Price is showing signs of weakness, and sellers appear to be gaining control. As long as resistance holds, I remain bearish and will be looking for downside opportunities. ๐
$ZBT is showing strength after a healthy pullback and is now holding above a key demand zone. Buyers are gradually stepping back in, keeping the bullish structure intact.
I'm bullish on $SOL after the recent breakout and strong reclaim of the $70 level. Buyers are showing confidence, and momentum remains firmly on the bulls' side.
Buyers are stepping in with confidence, the trend is turning higher, and momentum continues to build after the recent breakout. As long as support holds, I believe this move has room to run.
While the crowd was waiting for a deeper pullback, I was watching $JELLYJELLY quietly build strength around support.
Now the breakout is here. Volume is surging, momentum is accelerating, and buyers are stepping in aggressively. This is exactly what a strong continuation move looks like.
As long as bulls keep defending this breakout, higher targets remain on the table. Don't chase green candles blindlyโwait for confirmation and trade with a plan.