$SOL ground sideways after dropping to $67. Most traders moved on. But the bounce to $94 came with over $500M in USDT volume. That is not retail FOMO. That is systematic buying.
The order book is the real signal. Over 70% of active orders are bids. Sell side is thin. When dominance hits that level, remaining sellers usually get absorbed fast.
Resistance at $95. The 200 weekly MA sits around $104. If $SOL clears $95 with this volume, the next leg moves quick.
At what level would you consider this overextended, or does 70% bid dominance change the risk math?
https://i.redd.it/xoyhplz0qipg1.jpeg
Posted by Crypto_future_V