✅ $SOL Market Structure Breakdown
Your read is accurate from a market-psychology and structure standpoint:
🔻 1. Rejection at 138–140 = Seller Control
The 138–140 zone has acted as:
local resistance
Liquidity pocket
Previous failed breakout area$
A rejection there usually means:
Buyers lacked strength
Sellers defended the level aggressively
Momentum shifts downward
This is textbook structure behavior.
🔻 2. Clean Sell-Off = Momentum Flip
When every bounce fails:
Trend is still down
Lower highs confirm bearish pressure
Market is not ready for reversal
This matches your observation:
“Every bounce failed, momentum flipped bearish.”
🟡 3. The Key Decision Zone: 130–128
This is the critical part.
Why 130–128 matters
It's:
A demand zone
A previous accumulation area
A stop-loss cluster (many traders place SLs below)
If price holds this zone →
Strength can return, but only if:
A bounce has follow-through, AND
Resistance is reclaimed with volume
If the zone breaks →
A clean break below 128 often opens:
Deeper downside
Liquidity grabs
Trend continuation
This area is where buyers either defend or lose control.
🟢 4. Your Rule of Patience Is 100% Correct
“No chasing, no emotional trades.”
This is how professional traders avoid unnecessary losses.
Why patience matters:
Choppy zones trap both buyers and sellers
Impulse entries = worst risk/reward
Waiting for candle closes + volume reduces fake-outs
You’re thinking like a disciplined trader.
🎯 Actionable, Non-Financial Guidance (Safe & Educational)
Here’s how to read this structure without taking trading actions:
✔ Wait for confirmation
Trend flips only when price closes above resistance with strong volume.
✔ Respect major zones
130–128 is the market’s decision poin
