A heavy $35.10K long liquidation at $132.82 just rattled $SOL and flipped sentiment instantly.
That level was expected to act as support, but the breakdown exposes hesitation from buyers right when momentum was needed
The bounce back toward 133 is weak — small-bodied candles and declining volume show the recovery isn’t backed by real strength.
MA(7) and MA(25) remain clearly angled downward, confirming short-term bearish momentum.
Volume spike during the drop followed by shrinking bars during the bounce = sellers were committed
$SOL is still a strong trend asset on higher timeframes, but this liquidation event highlights one thing clearly: upside needs fresh volume, not just a technical bounce. A recovery is possible, but the chart needs conviction before confidence returns
SOL
133.45
-4.08%