Solana has broken down from the global ascending channel. A new descending channel has formed, and price is now holding below its midline — a bearish trigger.
At the same time, there are several factors that keep a potential bounce on the table:
• price is sitting on a strong liquidity level,
• a rough but double bullish divergence has formed,
• there is an unfilled deviation around ~$150, making a bounce toward that level logical.
A move toward a channel retest in the $180+ area is possible, but the probability is limited.
⚠️ If the bounce fails, downside levels to watch:
• $100 — psychological level,
• $95 — previous low,
• $76 — major liquidity level.
A sustained break below $76 would be extremely negative — below that, structure deteriorates fast.
Last time this scenario played out, price eventually dropped to $8.
At the same time, there are several factors that keep a potential bounce on the table:
• price is sitting on a strong liquidity level,
• a rough but double bullish divergence has formed,
• there is an unfilled deviation around ~$150, making a bounce toward that level logical.
A move toward a channel retest in the $180+ area is possible, but the probability is limited.
⚠️ If the bounce fails, downside levels to watch:
• $100 — psychological level,
• $95 — previous low,
• $76 — major liquidity level.
A sustained break below $76 would be extremely negative — below that, structure deteriorates fast.
Last time this scenario played out, price eventually dropped to $8.
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🇺🇦 Ukrainian trader
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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.