Price action on $SOL is showing signs that what looked like a bullish breakout may actually be a bull trap. After the recent upward move, price has failed to hold above key resistance and is now showing hesitation near higher levels. When strength fades quickly after a breakout, it often means buyers weren’t genuinely in control.

This kind of setup can lure traders into longs too early, only to see price reverse back into the range. Instead of assuming continuation, it’s usually wiser to wait for clear follow-through — such as sustained closes above resistance or strong volume confirming buyers are still committed.

Until we see that confirmation, caution is warranted, as failed breakouts have a way of trapping momentum.

#SOL #Solana #BullTrap #crypto #Binance

SOL

142.12

+1.19%