SOL · 1H · SIDEWAYS

The previous long from my last read triggered above 122.20, but the invalidation at 118.90 was reached — that setup is stopped out. Starting clean. The structure across this entire window is range-bound: three spikes toward 122–124 followed by sharp pullbacks, every rally failing to sustain, every dip finding buyers around 117.50–118. All four EMAs are compressed into a tight cluster right at current price — 119.07 to 119.41 — textbook going-nowhere. I'm not taking anything from the middle of this range.

The daily trend is up, so my lean is toward the long side once the range resolves. A dense liquidation cluster sits at 118.90 directly below — the critical line. Above, 122–122.50 has rejected price three times on this chart. Those are my two fences. I need price to commit to one of them.

Funding is a mild 0.0092% per 8h long lean — not extreme, but the near-side cluster at 118.90 remains a live stop-hunt magnet. The short side has no clean forward trigger from here: price is already below the rejection zone, and any short confirmation level I could place would either be behind price already or so far from current that the R/R collapses. I'm dropping the SHORT scenario entirely.