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
Transaction en cours
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 :)
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
💎 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 :)
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.