This is me explaining that $SOL at $136.23 has just wiped overleveraged longs, and they are trying to shake confidence across the whole alt market. I have watched this level closely and my search tells me it has acted as a demand pocket multiple times in recent weeks.
EP: $132 – $136
TP: $142 / $150 / $162
SL: $126
What’s condition here is fast selling but weak follow-through, which often hints at seller exhaustion. If you want a cleaner setup, I’d wait for a 15-minute close above $138 before committing.