Solana price confirms bull trap as local structure shifts bearish
Solana’s price invalidated its recent breakout attempt after failing to hold above key resistance, confirming a bull trap and shifting the short-term market structure back to bearish.
Solana (
$SOL ) price has entered a critical corrective phase after recent price action failed to sustain acceptance above major resistance levels. What initially appeared to be a bullish continuation has now revealed itself as a classic bull trap, catching late buyers before the price reversed sharply lower.
This type of failed breakout often mark