2026-01-08 20:32:35

Solana just executed a textbook liquidity grab—the kind that leaves retail traders guessing.

Price dumped hard into the $133–$134 zone, flushed out the weaker longs, then rebounded with conviction. Now SOL is sitting comfortably above $136 and eyeing that $138 resistance hard.

What's the setup? Strong support sits at $134 and $136—these are your bailout zones if momentum fades. Resistance clusters around $138–$138.5, which is where buyers will actually face some friction.

The real question though: is this breakout legit, or are we looking at another bear trap before a retest lower? The price action is sharp, but watch the volume and how SOL behaves at $138. If it holds and closes above, we could be off to the races. If it gets rejected and rolls over? Could be a setup for another flush.

Keep an eye on those support levels—$134 and $136 are your lines in the sand right now.

SOL-0,07%

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HappyMinerUncle

· 9m ago

It's the same old trick again, how many retail investors got wiped out of $134, I'm really tired of seeing it.

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ImpermanentLossFan

· 01-08 20:51

Typical market manipulation tactics, retail investors have to pay tuition again.

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NullWhisperer

· 01-08 20:50

nah, this $138 rejection scenario is the interesting edge case here. volume's actually looking questionable at this bounce—technically speaking, we might be vulnerable to another flush if big boys decide to play games again.

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WalletManager

· 01-08 20:39

It's the familiar dump manipulation again. At the moment of 134, I knew it was a shakeout; holding onto the chips is the key. Whether 138 can break the critical level still depends on the movements of major on-chain whales. My private keys have long been distributed across multi-signature wallets. This kind of market tests your psychology the most. If the contract is fine, there's no need to fear. Once the support level drops below 136, cut your losses immediately. I never greed over this small difference.

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AirdropATM

· 01-08 20:37

It's the same old trick again, crash first then pump, and the retail investors have fallen for it again.

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OptionWhisperer

· 01-08 20:37

Sol is pulling the same old trick again. Small investors still need to be cut once to learn their lesson.

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ZKSherlock

· 01-08 20:32

actually... this is just describing a standard liquidity cascade, which technically happens because of information asymmetry between retail and market makers. the "textbook" framing here kind of misses the deeper mechanics—it's not magic, it's just probability theory in action.

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