Solana (SOL/USDT) recently broke below a strong trendline after a liquidity sweep and clear Change of Character (CHOCH). Price retested the supply zone (Entry Zone) before continuing its downward move, showing a classic bearish market structure shift.
Currently, price is reacting from a sell-side zone (~70% retracement), with potential downside targets toward the buy-side liquidity (~29% retracement). RSI also reflects bearish divergence confirmation from the highs, aligning with the structural shift.
Key Highlights:
Engulfing candle + Trendline break + CHOCH confirmed bearish bias.
Entry Zone retest offered high-probability short setups.
Current rejection from supply signals further downside.
RSI divergence strengthens bearish case.
Currently, price is reacting from a sell-side zone (~70% retracement), with potential downside targets toward the buy-side liquidity (~29% retracement). RSI also reflects bearish divergence confirmation from the highs, aligning with the structural shift.
Key Highlights:
Engulfing candle + Trendline break + CHOCH confirmed bearish bias.
Entry Zone retest offered high-probability short setups.
Current rejection from supply signals further downside.
RSI divergence strengthens bearish case.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.