Still holding structure.
no breakdown. no panic.
However today's candle close if resulted in a wick to the upside like it is right now, that's bearish actually. Tomorrow candle must take back the high if not we are going down.
Key zone:
- green box at 132 = demand
- buyers defended it cleanly. that matters.
Price is consolidating above support.
Momentum:
- stoch rsi reset from overbought though.
- starting to curl up again
- momentum cooled without price dumping = strength
RSI holding above midline
trend still intact
Levels:
- Upside: 143–146
- expect reactions there. not a straight pump.
Downside: daily close below 132
only then does bias change.
Important fact is:
Sol still outperforming btc and eth on the ratios. Rotation hasn’t left sol yet.
Don’t chase green candles.
Don't short strength either.
Either you’re positioned from lower, or you wait.
structure first. patience pays.