$SOL Is Coiling Like a Spring and the Lid Is About to Blow π§¨β‘
They've been squeezing
$SOL into an ascending wedge for hours, tightening the range until it almost hurts to watch. The exit from this compression won't be polite β it never is.
Price is pinned right at $88 resistance, the upper wall of the wedge, and the last few M30 candles are printing inside a razor-thin band. That's not indecision. That's pressure building.
π― Here's what matters:
Above $88 with a clean close and this thing has room to run. The wedge breaks, shorts get squeezed, and momentum carries it higher with no real structure overhead to slow it down.
Below $84 and the thesis dies. That's the lower wedge support β crack it on a solid close and we're not talking a dip, we're talking a full pattern invalidation with downside continuation. Pack accordingly. π
π The candle behavior near the right edge is telling. Compression this tight, right at resistance, with the last candle pushing upward β that's not a tired market. That's a market deciding. Volume on the breakout candle will be the tell nobody mentions until after it already moved.
π₯ 60/40 odds leaning bullish based on structure, but the wedge pattern keeps both outcomes live.
The tape is wound.
$SOL either detonates above $88 or the trap door opens at $84 β and the M30 is about to give the answer. π