Price has swept support formed by a horizontal level and the lower boundary of the channel (which could still act as a global bullish flag).
Weekly RSI is approaching levels last seen at the 2022 bear-market bottom, during the Alameda/FTX panic.
From a technical standpoint, conditions for a reversal are strong — except for the absence of a clear candle reversal setup.
On the downside (beyond current portfolio drawdown):
• a sustained hold below $76 opens a liquidity void. Historically, price moves through this area quickly with little reaction.
There are only two zones where the move could slow or pause — if that scenario plays out, SOL would need to be reassessed there.
🎯 Primary bounce target: $116
🎯 Intermediate target: $95
Weekly RSI is approaching levels last seen at the 2022 bear-market bottom, during the Alameda/FTX panic.
From a technical standpoint, conditions for a reversal are strong — except for the absence of a clear candle reversal setup.
On the downside (beyond current portfolio drawdown):
• a sustained hold below $76 opens a liquidity void. Historically, price moves through this area quickly with little reaction.
There are only two zones where the move could slow or pause — if that scenario plays out, SOL would need to be reassessed there.
🎯 Primary bounce target: $116
🎯 Intermediate target: $95
✅ Підписуйся на мій канал t.me/Lemon_bros
🇺🇦 Ukrainian trader
🇺🇦 Ukrainian trader
Publications connexes
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.
✅ Підписуйся на мій канал t.me/Lemon_bros
🇺🇦 Ukrainian trader
🇺🇦 Ukrainian trader
Publications connexes
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.