$SOL is currently squeezing inside a 1Hr symmetrical triangleCRYPTOCAP:SOL is currently squeezing inside a 1H symmetrical triangle after the sharp bounce from the 77 low toward 89. Price is now trading around 83.4, sitting close to the middle-lower part of the structure as volatility tightens.
Right now, this is pure compression.
Higher lows are holding near 82, while descending resistance is capping price around 85–86. The apex is approaching, which means expansion is likely soon.
Current situation:
Price is leaning slightly toward the lower boundary after rejecting near 85. Buyers are still defending 82, but momentum hasn’t shifted bullish yet.
If 82 breaks, expect quick downside liquidity toward 80, possibly a sweep toward 78.
If price reclaims 86 with strong 1H closes, the triangle invalidates and upside toward 89–92 opens.
This is not breakout yet.
This is decision phase inside compression.
Apex is near. Expansion coming.
Short