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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
✅ Підписуйся на мій канал t.me/Lemon_bros
🇺🇦 Ukrainian trader
🇺🇦 Ukrainian trader
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.