$SOL The $87 Wall: Why I am Not Longing the Top
The timeline is for a breakout, but I am sitting in cash.
If you look past the hype, the 1-hour $SOL pump is completely exhausted. It pierced the upper Bollinger Band and immediately got rejected. Here is why the smart money is stepping back:
The Tax Day Drain: Tomorrow is April 15th (U.S. Tax Deadline). Historically, this triggers a massive liquidity flush as portfolios are sold off to pay the IRS.
The Whale Trap: If you Long right now at $86, you are becoming exit liquidity for the institutions who bought at $80 last week.
SOL
85.77
+1.56%
Don't trade on FOMO. Let the algorithms bring the discount to you. Here is the professional setup:
👉 Action: Set Spot Limit Buys in the $81.50 to $83.00 zone.
👉 Target: Catch the Tax-Day panic wick.
👉 Risk: Keep cash ready in case we flush below $80.