SOLUSDT – Expecting Smaller Recovery Before Another Leg Down
Solana just printed another clean breakdown, and the structure is repeating the exact pattern that played out earlier this year.
Why This Level Matters:
The first breakdown from 122 led to a long sideways phase before price collapsed again. We are now seeing the same sequence repeat after the break below 80. Price is settling into a fresh consolidation zone around 65.98.
Gameplan / Primary Scenario:
We expect a smaller correction to form inside the green zone, which sets up a quick long off this support. Take the bounce, but treat it as a short-term play only. The larger picture stays bearish, and once this sideways phase completes, we look for continuation lower below 60. Trade the relief, then position for the next leg down.
If this added value, boost it forward. What are your thoughts?
Swallow Academy
Why This Level Matters:
The first breakdown from 122 led to a long sideways phase before price collapsed again. We are now seeing the same sequence repeat after the break below 80. Price is settling into a fresh consolidation zone around 65.98.
Gameplan / Primary Scenario:
We expect a smaller correction to form inside the green zone, which sets up a quick long off this support. Take the bounce, but treat it as a short-term play only. The larger picture stays bearish, and once this sideways phase completes, we look for continuation lower below 60. Trade the relief, then position for the next leg down.
If this added value, boost it forward. What are your thoughts?
Swallow Academy
Trade ativo
Strong bounce we got here
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.